Aggregate scheme funding improved by £60.1bn (US$97.1bn) in December 2009, latest figures from the Pension Protection Fund revealed.
The lifeboat fund's PPF7800 index - which tracks the performance of nearly 7,400 schemes - said the improvement meant the total deficit in UK pension funds had fallen to £32.6bn at the end of Decem...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date