FTSE350 deficits up 50% in 2013

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The combined defined benefit deficit of FTSE350 firms has risen 50% during the first four months of this year, research from Mercer shows.

The consultant's monthly Pension Risk Survey showed that another spike in liabilities and mediocre asset gains caused IAS19 deficits to increase to £108bn by the end of April. This is up £36bn f...

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