Inflation worries push up UK scheme deficits by £100bn

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The total deficit of private sector UK defined benefit (DB) schemes increased by £100bn last month as rising inflation expectations pushed up liabilities, figures show.

According to Xafinity's corporate pension deficit tracker the combined shortfall, estimated on an IAS19 basis, rose from £629bn to £729bn over August. This was caused by a £74bn increase in liab...

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