DB funding level drops over August after 105 schemes fall into deficit

James Phillips
clock • 2 min read

The combined deficit of the UK's defined benefit (DB) schemes rose by £40bn over August, according to the Pension Protection Fund's (PPF) latest index.

At the end of the month, the deficit totalled £220bn on a section 179 basis for the 5,794 schemes, up from £180bn at the end of July, the PPF 7800 recorded. Assets grew by £29bn to £1.6trn, but ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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