The combined defined benefit (DB) deficit increased by £2.5bn over August to £65.3bn on a section 179 basis, according to the Pension Protection Fund's (PPF) latest update.
This was an increase of 4% from the end of July for the 5,588 schemes in the PPF's 7800 index. The position has improved from a year ago, when a deficit of £155.6bn was recorded. Over the month,...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
