UK - The Pension Protection Fund (PPF) has released results of its PPF 7800 index, showing the aggregate funding position of defined benefit (DB) pension schemes worsened over July, slumping to a deficit of £24.1bn (US$46.2bn).
The decline was down from a surplus of £8.3bn at the end of June, marking a total loss of £32.4bn within a month. In July 2007, scheme surpluses stood at £83.3bn. The total deficit of schemes in ...
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