Defined benefit schemes plunged £80bn further into deficit in September leaving more than 80% now with a funding void, according to the Pension Protection Fund.
The PPF 7800 index, which tracks all schemes paying a PPF levy, reveals the aggregate deficit of 6,533 schemes tracked by the PPF increased to £196.4bn at the end of September, up from £117.5bn las...
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