The aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened to a £36.7bn deficit in August, figures show.
The PPF said its 7800 index stood at a £24.1bn deficit at the end of July. That deficit grew to £36.7bn at the end of last month. The lifeboat fund said scheme funding is worse than it was a year ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
