UK - The number of defined benefit (DB) pension schemes in deficit and covered by the Pension Protection Fund (PPF) fell 1% to 70% by the end of October 2007.
Figures released by the PPF showed the total deficit of these 7,800 schemes had fallen £2bn to £48bn in the same month. Surplus levels grew more rapidly in the same period, with a £7bn increase ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders