UK Pension funding ratio falls 13% in a year as yield swings continue

Data from the Pension Protection Fund as of March 2015 shows that while the assets of UK pension funds have risen in value by 12% over the last year, falling yields have driven a fall in funding ratio of 13%. The aggregate deficit stands at £292bn (this is down slightly from a recent high of £367bn at the end of January, although continues to be volatile). PPF March 2015

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