DB deficit falls again in August
All UK private sector defined benefit (DB) schemes saw a £10bn improvement in funding on a gilts plus basis last month, according to PwC's Skyval index.
At the end of August, the aggregate deficit fell to £170bn from £180bn in July, with assets totalling £1.6trn and liabilities at £1.8trn. This resulted in a funding level of 90.6%, up from 90.1% at the...
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