PPF 7800 deficit rises to £61.2bn in January

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THE aggregate deficit of the 7800 defined benefit schemes monitored by the Pension Protection Fund rose to £61.2bn in January 2008, latest figures reveal.

The PPF 7800 index revealed that the deficit had widened from £19.6bn in December 2007 – and had reached the highest level since February 2006. The PPF said the deterioration in scheme funding i...

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