PPF 7800 deficits rise in February amid market volatility
Total funding levels of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have continued to fall against a backdrop of market volatility and falling gilt yields.
The lifeboat fund's latest monthly report showed the total deficit of all 5,945 schemes in the index had risen by 6% to £322.8bn by the end of February from £304.9bn at the end of January. The picture...
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