Defined benefit (DB) schemes sponsored by the UK's 100 largest listed companies saw their combined funding level improve by 10 basis points during September, according to JLT Employee Benefits.
Measured under the IAS 19 accounting standard, FTSE 100 schemes had an aggregated deficit of £2bn as of 31 September, with a funding level of 99.7% - compared to 99.6% at the end of August. With...
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