Schemes urged not to panic as deficit hits record £1trn

Stephanie Baxter
clock • 2 min read

The combined defined benefit (DB) deficit has reached another all-time high on the back of further gilt yield falls following setbacks in the central bank's bond buying programme.

Analysis from Hymans Robertson showed the funding deficit surpassed £1trn for the first time on 12 August, just days after the Bank of England (BoE) failed to find enough sellers to complete its fi...

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