Higher nominal and index-linked gilt yields helped to reduce the liabilities of the PPF 7800 index by 2.7% in December 2013, according to the Pension Protection Fund's (PPF) latest update.
Fifteen-year gilts rose 21 basis points last month and were up 111 basis points year-on-year, while the FTSE ALL-Share Index increased 16.7% over the 12-month period. The aggregate deficits of t...
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
