DB deficits rose £26bn over March; volatile markets remain 'benign for pensions'

Victoria Tichá
clock • 2 min read

The combined deficit of the UK's defined benefit (DB) pension schemes rose by 25% to £131bn on an accounting basis during March, JLT Employee Benefits analysis has revealed.

At the end of the month, the consultancy's monthly index said private sector DB assets totalled £1.5trn, while liabilities likewise remained largely unmoved at £1.6trn, resulting in an overall fund...

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