UK - Aggregate deficits of schemes monitored by the Pension Protection Fund worsened last month, increasing to £67.3bn ($109bn) from £8.3bn at the end of June.
It means the funding ratio for the 6,533 schemes in the PPF 7800 Index fell from 99.2% to 93.7%, with total assets at £1001.4bn and liabilities at £1068.7bn. Out of these, 4,684 schemes were in ...
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