UK - The performance of equity markets has been blamed for a worsening of the aggregate funding position of defined benefit schemes, with the surplus dropping by £45bn (US$89.3bn) in June.
The Pension Protection Fund (PPF) released its latest PPF 7800 Index today, which showed the aggregate funding position (total assets minus total liabilities) of almost 7,800 DB had worsened to a s...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date