funding levels
DB deficit falls £14.5bn over February, says PPF
The combined funding level of the UK's 5,450 defined benefit (DB) schemes increased by 90 basis points (bps) over February, latest Pension Protection Fund (PPF) data shows.
PPF 7800 funding level reverses six months of growth before factoring GMPs
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Smaller DB schemes 15 points less well-funded with 'less robust' risk management
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
