Total DB deficit falls 9% over July
The collective deficit of defined benefit (DB) schemes decreased by £40bn to £420bn over July, according to PwC's monthly Skyval index.
The measure, which looks at roughly 5,800 schemes, showed the deficit fell by almost 9% from the end of June. This is the third month in a row the deficit has dropped, with assets valued at £1.6trn...
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