Favourable markets and indexation change knock £80bn off DB deficits

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UK - Benign markets and the shift from RPI to CPI reduced defined benefit deficits from £144bn ($234bn) to £64bn over the past year, Pension Capital Strategies research shows.

PCS's monthly index showing the funding position of all UK private sector defined benefit schemes, under accounting standards IAS19 and FRS17, revealed an improvement to £64bn as at February 28 thi...

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