THE aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened to a £24.1bn deficit at the end of July, latest figures reveal.
The PPF 7800 index shows the position worsened from a surplus of £8.3bn at the end of June. The lifeboat fund said scheme funding is worse than it was a year previously, in July 2007 there was a ...
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