PPF index: DB deficit falls 27% to £62.8bn

James Phillips
clock • 2 min read

Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.

On aggregate, the 5,588 schemes in the PPF 7800 Index had a s179 deficit of £62.8bn at the end of the month, 27% down from £85.6bn at the end of June. Total assets amounted to £1.62trn while lia...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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