UK - The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund (PPF) improved to a deficit of £92.5bn (US$150.7bn) in November.
The deficit stood at £96.7bn at the end of October. Scheme funding is better than it was a year previously when there was a deficit of £123.9bn in November, 2008. The total deficit of schemes...
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