Record contributions fail to halt rising deficits

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The aggregate pension deficit of companies on the FTSE100 has hit £43bn, despite strong returns on assets and employer contributions of almost £22bn over the year, says LCP.

The consultant's Accounting for Pensions Report, published today, reveals the value of assets held by blue chip company schemes increased from £406bn to £447bn, helped by an 18% rise in equity mark...

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