There has been a 10% increase in the proportion of schemes in the Pension Protection Fund (PPF) 7800 index recording a deficit, according to the latest data.
Figures showed there were 4,600 schemes in deficit last month, compared to 4,147 in September 2013. The value of their deficit soared 45% to £210.2bn on an s179 basis over the same period. The i...
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