Deficits

The combined deficit of defined benefit (DB) schemes increased by £29.2bn over December to £223.9bn according to the Pension Protection Fund's (PPF) latest update.

Companies will need to set aside an extra £10bn every year for the next decade in order to fix the growth in defined benefit (DB) deficits over 2016, according to PwC.

The combined deficit of FTSE 350 defined benefit (DB) schemes rose by £98bn over 2016, according to Mercer data.

The aggregate deficit of FTSE 350 defined benefit (DB) schemes more than doubled in 2016, causing funding levels to plummet 10% in 12 months.

What were the most read analysis articles on Professional Pensions over the last 12 months? Here are the top stories of the year.

The funding deficit of defined benefit (DB) schemes dropped almost 30% to £194.7bn over November, according to the Pension Protection Fund's (PPF) latest update.

A quarter of schemes may see no improvement in deficits in 20 years because many are still not integrating long-term covenant risk, according to research.

European pension plans regard Brexit as a headwind for global growth according to a report by CREATE-Research and Amundi.

Defined benefit (DB) schemes should be allowed to restructure benefits to sort out funding deficits, according to top UK pension funds in a poll by Sackers.

The UK's 5,945 defined benefit (DB) schemes had a £306bn surplus under realistic investment return assumptions by the end of October, according to First Actuarial.