DB deficit sticks at £200bn despite growth in assets
Defined benefit (DB) schemes had an aggregate deficit of £200bn on a gilts plus measure at the end of May, according to PwC.
The consultancy's Skyval index said the UK's circa 5,800 DB schemes had combined liabilities of £1.8trn, and assets of £1.6trn, resulting in a funding level of 88.9%. Although the deficit value is unchanged...
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