DB deficits shrink by £43bn in February

Kristian Brunt-Seymour
clock • 2 min read

Total funding levels of defined benefit (DB) pension schemes have improved since January despite volatile markets and low interest rates, according to JLT Employee Benefits.

The consultant's latest monthly numbers showed the deficit for all private sector pension scheme including FTSE companies had fallen by £43bn from £252bn on 31 January to £209bn on 29 February. The...

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