The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has surged by nearly £322bn over the past 12 months.
The aggregate deficit on an s179 basis was £367.5bn last month, compared to £46.4bn in January 2014 - a rise of 700%. The schemes posted a small aggregate surplus as recently as December 2013. 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
