There has been a 10% increase in the proportion of schemes in the Pension Protection Fund (PPF) 7800 index recording a deficit, according to the latest data.
Figures showed there were 4,600 schemes in deficit last month, compared to 4,147 in September 2013. The value of their deficit soared 45% to £210.2bn on an s179 basis over the same period. The i...
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
