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FTSE350 Pension Deficits -- Two Steps Forward, Two Steps Back
Mercer
Oct. 3, 2013
"Pension scheme accounting deficits for FTSE350 companies were 98bn GBP at 30 September 2013, corresponding to a funding ratio of assets over liabilities of 85%. Deficits remained unchanged over the month, but only after reaching an intra-month low of 78bn GBP and a funding level of [89%]. As at 31 December 2012 pension deficits stood at 73bn GBP (corresponding to a funding level of 88%)."
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