Pension deficit continues to fall
- Publish date: 13 April 2012
- Archived on: 15 November 2013
The Pension Protection Fund (PPF) has announced that the overall deficit of the UK's private sector final salary pension schemes fell last month.
The deficit now stands at £206 billion, down from £222 billion at the end of February. However, this compared with a near-£37 billion surplus at the end of March 2011.
A total of 5,189 final salary pension schemes were said to be in deficit at the end of March, with 1,243 schemes in surplus, according to the PPF.