UK - The aggregate funding position of the 6,653 schemes in the Pension Protection Fund's 7800 index improved to a deficit of £20.4bn ($32bn) at the end of September.
This compared to a deficit of £53.5bn at the end of August.
The lifeboat fund said this relates to a funding ratio improvement from 94.6% to 97.9%, noting total assets were £961.8bn - an increase of 3% over the month and an increase of 9.3% over the year. Total liabilities were £982.2bn - a decrease of 0.5% over the month and an increase of 0.3% over the year.
The PPF said: "The FTSE All-Share Index rose by 6.3% over September 2010 and 15-year gilt yields were up 10 basis points. During the month of September there was a 3% increase in assets mainly due to rising UK and global equities. Furthermore, liabilities fell by 0.5% due primarily to the improvement in gilt yields.
"Over the year to September 2010, the FTSE All-Share Index rose by 8.8% and 15-year gilt yields were down by 41 basis points."
The index showed there were 4,420 schemes in deficit, representing 66.4% of the total 6,653 schemes. In addition, 2,233 schemes were in surplus, representing 33.6% of the total schemes.
The aggregate deficit of all schemes in deficit at the end of September is estimated to have improved to £83.6bn from £105.3bn at the end of August. At the end of September last year, the equivalent figure was £133.4bn.
At the end of September, the total surpluses of schemes in surplus increased to £63.2bn from £51.8bn at the end of August. At the end of September last year, the total surplus of all schemes in surplus stood at £34.6bn.
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