Total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 increased by more than a third over last month against a backdrop of falling gilt yields.
The lifeboat fund's latest monthly report showed the total deficit of all 5,945 schemes in the index had increased by 37% to £304.9bn by the end of January from £222.4bn at the end of December 2015...
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