Top 100 firms see £2.4bn of 'irrecoverable' surpluses

By 2008-07-28T13:45:00

[14:45 CEST 28-07] UK – The overall funding position of the FTSE 100 pension schemes has fallen to a deficit of £8bn (€10bn) in the last year, while at least 20 companies have reported what would be a total irrecoverable surplus of £2.4bn under new accounting standards.

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