Aggregate funding position of UK schemes improves by 5% in May

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The aggregate funding position of defined benefit schemes improved by 5% in May, latest data by the Pension Protection Fund reveals.

The lifeboat fund said its PPF7800 index - which monitors the funding position of around 7,400 DB schemes - estimated the deficit fell from £188.5bn at the end of April to £179.3bn at the end of Ma...

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