Pension deficits retreat

Story link: Pension deficits retreat

The property market saw a slight recovery in January, with a slight rise in house value throughout the month, and the Pension sector is seeing a similar positive outlook.

January saw The Pension Protection Fund announce their deficit decrease by £4bn, now standing at £191bn.

Pension deficits retreat

The position of the UK’s private sector, final salary, pension schemes improved slightly in January.

The Pension Protection Fund (PPF) said their collective deficit shrank from £195bn in December to £191bn.