More than 90 per cent.
| Position | Brief Article |
More than 90 per cent of FTSE 350 companies operating final-salary pension schemes have a fund deficit, according to a recent survey.
Roger Gregory, a partner with City law firm Nabarro Nathanson, which conducted the survey, believes many firms are unaware of the damage that a fund deficit could have on future M&A activity. He said the recent failure of chilled foods group Uniq to find a takeover suitor was...
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