PPF 7800 back in the red

Jenna Towler
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The aggregate funding position of the 7400 defined benefit pension schemes monitored by the Pension Protection Fund worsened to a deficit of £2.2bn last month.

The PPF index reported a surplus of £300m at the end of March. However, the lifeboat fund said scheme funding is better than it was a year previously when there was a deficit of £188.5bn. The...

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