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Pension deficit continues to fall

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  • 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.