PPF 7800 funding level reverses six months of growth before factoring GMPs

Kim Kaveh
clock
PPF 7800 funding level reverses six months of growth before factoring GMPs

The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.

At the end of September the index, which tracks 5,588 defined benefit (DB) schemes, reached the highest funding level (97.7%) since June 2011, when it was at 98.2%. However, at the end of October, it was...

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

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Latest issue - December 2021 / January 2022

Latest issue - December 2021 / January 2022

PP Online
clock 07 December 2021 • 1 min read
Tender Watch: Norfolk County Council and Stonegate

Tender Watch: Norfolk County Council and Stonegate

Norfolk County Council seeks admin support services and Stonegate appoints Kempen

Professional Pensions
clock 07 December 2021 • 1 min read
XPS said the impact of Covid-19 on life expectancy is not being taken into account by companies

Firms at risk of overstating liabilities by £45bn

‘Lack of consideration’ of the pandemic’s full impact is leading to overstating liabilities

Holly Roach
clock 07 December 2021 • 2 min read
Trustpilot