Summary
Pensions deficits of the UK's largest quoted firms have halved over the past two months due to a buoyant stock market and better bond yields, research shows.
A report by accountants Deloitte said the total deficit of companies in the FTSE 100 Index now stands at pounds 60bn against a peak of pounds 110bn in the middle of January. It follows a recent rally by UK stocks on the back of strong earnings and takeover speculation, with the Footsie breaking through the 6,000 barrier for the first time in five years.See the full content of this document
Extract
Deficits Halved
Costly breaches
Major Government departments were breaching their own guidelines by failing ...See the full content of this document
Sponsored links
