PPF 7800 records £8bn deficit reduction
The aggregate deficit of the UK's defined benefit (DB) schemes fell by £8.2bn over October, with 49 schemes moving into surplus, according to the Pension Protection Fund (PPF).
At the end of October, the combined section 179 shortfall was £149.8bn, compared to £158bn at the end of September, according to the lifeboat fund's November 7800 index update. It is also almost half the...
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