Pension deficits retreat
Wednesday, February 11, 2009 posted by admin
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.
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.
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