PPF 7800 deficit down slightly in March as assets outpace liabilities
The aggregate deficit of defined benefit plans (DB) fell by £15.5bn over last month to £226.5bn according to the Pension Protection Fund's (PPF) latest update.
The funding ratio improved from 86.2% at the end February to 87% at the end of March as total scheme assets increased by 0.5% while total scheme liabilities decreased by 0.4%. There were 4,312 schemes...
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