The aggregate funding deficit of schemes in the PPF 7800 index shot up by 75% in the month of August pushing funding levels below 90%, latest figures show.
The updated index estimates the combined shortfall for the 6,533 schemes climbed from £67.3bn on a section 179 basis at the end of July to £117.5bn by the end of August. Total assets stood at £9...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
