DB deficit sticks at £200bn despite growth in assets

James Phillips
clock • 2 min read

Defined benefit (DB) schemes had an aggregate deficit of £200bn on a gilts plus measure at the end of May, according to PwC.

The consultancy's Skyval index said the UK's circa 5,800 DB schemes had combined liabilities of £1.8trn, and assets of £1.6trn, resulting in a funding level of 88.9%. Although the deficit value ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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