PPF 7800 deficit rises by £24.4bn after gilt yields hit record low

James Phillips
clock • 2 min read

The total funding level of the Pension Protection Fund (PPF) 7800 index fell to 81.5% by the end of May.

The drop comes as gilt yields hit a record low of 1.22% earlier this month amid continuing market volatility, leading to increased scheme liabilities. The lifeboat fund's latest update estimates...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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