PPF 7800 deficits down a third since January

Stephanie Baxter
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The total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have fallen by 32% after hitting record levels in January.

The lifeboat fund revealed today the aggregate deficit of the 6,057 schemes in the PPF 7800 index dropped to £248.7bn at the end of February from £367.5bn at the end of January. The reduction in...

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