PPF 7800 funding position up to 99.2%

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The aggregate deficit of schemes monitored by the Pension Protection Fund fell from £13.5bn, to £8.3bn in June.

The updated PPF 7800 index - which comprises 6,533 schemes - showed the funding ratio had improved from 98.7% to 99.2% from the end of May. Total assets stood at £1,004bn and total liabilities w...

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