DB deficit jumps £80bn overnight after Brexit vote

Kristian Brunt-Seymour
clock • 3 min read

The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.

The data from Hymans Robertson shows how a fall in gilt yields today has increased the value of DB liabilities to £2.2trn. The total deficit rose from £820bn overnight, nearing the record £909bn...

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Kristian Brunt-Seymour
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