DB deficits soar as 80% of schemes reveal funding void

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UK - Defined benefit schemes plunged £80bn ($125bn) further into deficit in September leaving more than 80% now with a funding void, according to the Pension Protection Fund.

The PPF 7800 index, which tracks all schemes paying a PPF levy, reveals the aggregate deficit of 6,533 schemes tracked by the PPF increased to £196.4bn at the end of September, up from £117.5bn las...

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