Pension deficits recoup £4bn in Jan

The deficit stood at £194.5bn at the end of December, last year. However, scheme funding is worse than it was a year ago when there was a deficit of £48.8bn in January 2008. The total deficit of schemes in deficit in January 2009 is estimated to have improved to £204.1bn from £209.6bn at the end of December, last year. In January 2008, the aggregate deficit of all schemes in deficit stood at £98.1bn. In January, the total surpluses of schemes in surplus fell to £13.5bn from £15.1bn at the end of December. In January last year, the total surplus of all schemes in surplus stood at £49.3...