UK-The aggregate funding position of the 7800 defined benefit funds monitored by the Pension Protection Fund worsened to a record £218.7bn (US$302.1bn) deficit last month.
The deficit stood at £190.6bn at the end of January. Scheme funding is also worse than it was a year previously when there was a deficit of £67.1bn in February, 2008. The total surpluses of sch...
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