PPF reports deficit improvement

Jenna Towler
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The aggregate funding position of the 7400 defined benefit pension funds monitored by the Pension Protection Fund improved to a deficit of £148.9bn this month.

The combined deficit stood at £173.2bn at the end of August. Scheme funding is worse than it was a year previously when there was a deficit of £52.2billion in September, 2008. The total defic...

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