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Pension schemes end financial year with £38bn of improvements
Many companies likely to review buying annuities for pensioners
London
NYSE: AOC

LONDON, 03 April 2008 – The aggregate pension scheme surplus, measured by the Aon200 index, has jumped 141% from a deficit of £27bn a year ago to a surplus of £11bn at the end of March 2008, according to Aon Consulting, a leading pension, benefits and HR consulting firm. However, as the credit crunch has shown no sign of abating and the volatility of investment markets continued, many companies faced a major headache as they approached the 31 March year end.

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