DB accounting deficits stand at more than £400bn

Jenna Towler
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Defined benefit scheme deficits stood at £402bn at the end of last year, based on company accounting rules, Xafinity analysis shows.

The total deficit was an increase of £50bn on the same time last year, when the shortfall stood at £352bn. The consultant said liabilities rose by £101bn - but this was offset by £51bn growth in...

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