The deficit of DB schemes in the PPF 7800 Index increased from £62.8bn at the end of July 2018 to £65.3bn at the end of August 2018.
However, this is still a significant decrease from this time last year when the deficit of the 5,588 schemes stood at £155.6bn.
The latest statistics from the Pension Protection Fund also highlighted that the funding position has declined from 96.3 per cent at the end of July to 96.1 per cent at the end of August. This is still a marked improvement from August 2017, when the figure was 91 per cent.
Total scheme assets amounted to £1,627.1bnn at the end of August 2018, an increase of 0.4 per cent over the month and an increase of 3.3 per cent over the year.
Total liabilities were £1,692.4bn at the end of August, which was an increase of 0.5 per cent over the month and a decrease of 2.2 per cent from August 2017.
The aggregate deficit of all schemes in deficit at the end of August is estimated to have increased to £188.5 billion from £186.5 billion at the end of July. At the end of August 2017, the equivalent figure was £244.5bn.
At the end of last month, the total surplus of schemes in surplus decreased by £4m over the month to £123.2bn, while at the end of August 2017 the total surplus stood at £88.9bn.
The number of schemes in deficit at the end of August 2018 increased to 3,562, representing 63.7 per cent of the total of 5,588 DB schemes. There were 3,537 schemes in deficit at the end of July 2018 (63.3 per cent) and 3,921 schemes in deficit at the end of August 2017 (70.2 per cent).
The number of schemes in surplus decreased to 2,026 at the end of August 2018 (36.3 per cent of schemes) from 2,051 at the end of July 2018 (36.7 per cent). There were 1,667 schemes in surplus at the end of August 2017 (29.8 per cent).