LONDON, 1 August 2008 - With the anniversary of the credit crunch approaching, increased investment activity is helping pension schemes survive turbulent market conditions and return to deficit levels similar to a year ago, according to figures out today from Aon Consulting, a leading pension, benefits and HR consulting firm. The Aon200 Index, which tracks the surplus (or deficit) of the 200 largest UK privately-sponsored pension final salary schemes, shows an £9 billion improvement over the past month with deficits now standing at £21 billion (compared to £30 billion in June), and only a £8 billion deterioration compared with figures this time last year.
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