A small spike in gilt yields brought liabilities down by 3.6% in September and helped deficits improve by £51bn, according to the Pension Protection Fund 7800 Index.
Deficits improved by 18% from £280.3 billion at the end of August to 229.1 billion at the end of September. The PPF said assets rose by 0.3% largely due to higher equity markets, while liabiliti...
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