Gilt yield falls push deficits up by £65bn in November

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Defined benefit funding ratios continued to fall last month with deficits rising by almost £65bn, according to the PPF 7800 Index.

The ratio of funding for all schemes in the Pension Protection Fund's index - which tracks all DB schemes eligible for PPF assistance - fell from 86.3% funded to 81.9% during November. It means ...

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