PPF 7800 deficit shrinks in January

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The aggregate funding position of the 7800 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £190.6bn in January.

The deficit stood at £194.5bn at the end of December, last year. However, scheme funding is worse than it was a year ago when there was a deficit of £48.8bn in January 2008. The total deficit o...

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