Funding levels hit 20-month low according to PPF

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The total deficit of schemes covered by the Pension Protection Fund (PPF) has climbed to its highest level since April 2013, latest figures show.

The PPF 7800 index found deficits on a section 179 basis - which tracks the ability of schemes to secure PPF-level benefits with an employer reached £221.1bn in November. Funding levels slipped ...

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