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Pension shortfall tops £100 billion

Published 22/12/2009

The funding shortfall faced by the UK's biggest defined benefit pension schemes has broken through the £100 billion barrier for the first time, research has said.

The 200 biggest defined benefit pensions, including final salary schemes, have a collective deficit of £103 billion, according to Aon Consulting.

It stood at £88bn at the end of November.

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