UK - An independent model of the Pension Protection Fund 7800 index shows the collective scheme deficit has plummeted £80bn over the past two weeks - equivalent to about £8bn ($13bn) every day.
The model, from Ignis Asset Management, shows movements in 15 year gilt yield five year forwards and the FTSE100 index since the start of August- used by Ignis as a proxy for the complex PPF formul...
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