Deficits plummet £141bn year-on-year

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The aggregate deficit of schemes in the PPF 7800 index dropped by an estimated £140.8bn last year, according to the Pension Protection Fund's (PPF) March 2014 update.

This reflected a fall in the number of schemes in deficit over the year, down 760 to 4,046 or 65.8% of the total number of schemes in the index. This is an increase on the 3,947 schemes in defic...

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