Pension deficits of the FTSE 350 companies peaked at £83bn in January on the back of equity market falls but have since dropped to £66bn.
Defined benefit (DB) schemes have not had a good start to the year with falling oil prices and low interest rates according to JLT Employee Benefits.
As falling yields lower funding levels, PP finds DB schemes are in a predicament.
PP considers how big a risk this is for schemes and how they can manage it
Deficits in defined benefit (DB) schemes have deteriorated over the last 12 months due to low gilt yields and market volatility over the summer, according to JLT Employee Benefits.
Top stories on PP online this week include Mark Carney warning fund giants and potentially higher FTSE 350 DB deficits.
The net new issuance of sterling corporate bonds is set to reach a "woeful" £7bn for 2015, according to JP Morgan Asset Management (JPMAM).
The accounting deficits of the UK's biggest pension schemes rose by 17% last month, according to research from Mercer.
The bias of UK schemes to domestic equities cost them around 2% in lost returns last year, according to research from Goldman Sachs Asset Management (GSAM).
Deficits in UK defined benefit schemes remained at "eye-watering" levels in May and are more than 50% higher than they were this time last year, according to JLT Employee Benefits.