DB deficits hit record £310bn in May

Kristian Brunt-Seymour
clock • 2 min read

Total deficits of defined benefit (DB) schemes exceeded £300bn for the first time in May reaching record levels, according to JLT Employee Benefits.

Its latest monthly statistics for all private sector DB schemes showed the gap between assets and liabilities widened from £294bn in April to £310bn in May. The total DB funding level slightly f...

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Kristian Brunt-Seymour
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Kristian Brunt-Seymour

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