Deficits in defined benefit (DB) schemes were pushed up by falling gilt yields in July, according to official figures.
Data from the Pension Protection Fund's (PPF) 7800 Index revealed the funding gap on a section 179 basis jumped from £223.1bn in June 2015 to £254.2bn at the end of July. This comes after a peri...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date