DB deficit falls £8bn over June, says PPF

James Phillips
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DB deficit falls £8bn over June, says PPF

The combined deficit of the UK's 5,588 private sector defined benefit (DB) schemes was £85.6bn at the end of June, according to the Pension Protection Fund (PPF).

The shortfall dropped by £8.4bn on a section 179 basis over the month, the lifeboat fund's 7800 Index recorded, leading to a 40 basis point (bp) improvement in the funding level, which ended the month...

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