Pension fund deficits jump in March - industry data

By Sarah Mortimer LONDON (Reuters) - Despite millions of pounds spent by British companies to meet spiralling retirement costs, the total deficit of final salary-linked company pension schemes has increased by 35 billion pounds over one month, a report said on Tuesday, The Pension Protection Fund (PPF) calculated that the aggregate deficit of 6,316 so-called defined benefit (DB) schemes - representing about 12 million members - shot up to 236.6 billion pounds in March from 201. ...

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