DB deficit falls £10bn over February, finds Skyval
The deficit of defined benefit (DB) pension funds was £200bn at the end of February, according to figures released by PwC's Skyval index, £10bn lower than at the end of January.
The index provides an aggregate health check of around 5,450 corporate DB pension funds and figures are based on the gilts plus method. Total assets were recorded as £1.6trn, while the liability target...
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