The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund worsened to a deficit of £51.9bn in January.
The deficit stood at £32.6bn at the end of December. Scheme funding is better than it was a year previously when there was a deficit of £183.6bn in January, 2009. The total deficit of schemes...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
