DB funding soars to highest level since 2014
Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).
The combined PPF 7800 Index deficit fell over November, ending the month at £87.6bn on a section 179 basis and down £100m from 31 October. This is its lowest level since June 2014, when it was £76.8bn....
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