FTSE 350 pension accounting deficit slashed by £4bn in Q1

Kim Kaveh
clock • 2 min read

The combined deficit of FTSE 350 defined benefit (DB) schemes fell to £72bn in the first quarter of 2018, according to Mercer's pensions risk survey.

This equated to a £4bn drop in the shortfall on the accounting measure as of the end of March from the end of December 2017. Over the course of last month alone, the accounting pension deficits for...

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