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Scheme funding reached a record surplus of £250bn in October
PwC has urged the UK’s 5,000 corporate defined benefit (DB) pensions schemes to consider endgame options as funding reached a record surplus of £250bn in October.
The firm's buyout index saw assets fall from £1,390bn to £1,365bn in October but liabilities fell further, from £1,175bn to £1,115bn, as an increase in long-term gilt yields reduced the estimated c...
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