The UK's defined benefit (DB) pension schemes were 129% funded on a 'best estimate' basis on 31 December 2017, according to First Actuarial.
In its latest monthly update, the actuarial firm said the schemes had an aggregate surplus of £357bn as of 31 December 2017, with assets totalling £1.6trn and liabilities amounting to £1.2trn. T...
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