The rise in the yield on government debt has cut private sector deficits by over a quarter, research from the Pension Protection Fund (PPF) finds.
The monthly PPF7800 index, which calculates funding on an s179 basis, showed overall deficits fell by £71.1bn (28%) over May after a 36 basis point rise in the yield on 15-year gilts. The combin...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
