FTSE 350 pension deficits wane slightly in February
The aggregate accounting deficit of the FTSE 350's defined benefit (DB) schemes fell by a modest £3bn last month, according to Mercer's latest Pensions Risk Survey.
The combined deficit totalled £137bn on the IAS 19 accounting measure on 28 February, compared to £140bn at the end of January. Assets amounted to £735bn, up from £714bn, while liabilities grew to £872bn...
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