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Pension schemes bounce back

02 October 2008

Despite a month of market turmoil, pension scheme funding has bounced back by £19bn in the past month. According to figures from Aon, the 200 largest UK privately-sponsored final salary pension schemes showed a collective accounting deficit of £6bn at the end of September.

However, Aon warned that the improvement should not lull employers into a false sense of security.

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