The aggregate deficit of the Pension Protection Fund (PPF) 7800 Index increased in July from £109.0bn to £122.7bn, according to figures released by the lifeboat fund.
The index measures the funding levels of the 6,150 schemes that are eligible for the PPF, on an s179 basis, which represents the cost of securing PPF-level benefits. The average funding ratio de...
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
