DB funding levels hold steady over 2013

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Defined benefit (DB) schemes' deficits have fallen on average over 2013 and funding levels have remained high, JLT Employee Benefits (JLT EB) figures show.

According to the consultancy's estimates, the aggregate deficit, on an IAS19 basis, of all UK private sector DB schemes fell from £172bn at 31 December 2012 to £150bn one year later. Funding le...

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