The aggregate deficit of the 6,316 defined benefit schemes in the PPF 7800 index has decreased to £201.5bn at the end of February from £211.2bn at the end of January.
Deficits are £20.5bn lower than at the end of February 2012 and funding ratios rose from 83.7 per cent to 84.6 per cent at the end of February 2013. The funding ratio is higher than the 82.3 per cent recorded in February 2012.
Total scheme assets amounted to £1104.6bn rising by 1.9 per cent over the month and 7.1 per cent over the year.
Statistics also revealed that out of the 6,316 schemes in the index, there were 4,973 in deficit and 1,343 schemes in surplus.
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