PPF 7800 deficits fall 11% as yields rise
The funding level of defined benefit (DB) schemes in the Pensions Protection Fund's (PPF) 7800 index has improved on the back of rising gilt yields.
The lifeboat fund said deficits fell from £300.7bn in December 2014 to £265.8bn at the end of 2015. On a monthly basis deficits dropped 11% to £222.4bn at the end of December 2015 from £249.4bn at...
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TPR's long-term funding approach 'will put extra financial pressure' on scheme sponsors
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
DB funding - December 2020: Deficit up £76bn over 2020, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2020 estimates on the various measures…
ECPA issues warning over changes to sponsor longevity assumptions
Schemes need to dynamically and closely monitor the position of their employer covenant and its corporate longevity, ensuring the assessment is not conducted in isolation, the Employer Covenant Practitioners Association (ECPA) says.
Hymans Robertson and Isio appointed to Scottish Enterprise Scheme
The Scottish Enterprise Pension & Life Assurance Scheme (SEPLAS) has appointed Hymans Robertson and Isio following a formal tender process.
Managing operational and costs considerations is key to overall success
Marian Elliott looks at the key factors for reaching schemes’ set goals.
