PPF 7800 Index: Liabilities soar to unseen levels

Michael Klimes
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PPF 7800 Index: Liabilities soar to unseen levels

Liabilities of defined benefit (DB) schemes have increased markedly according to the Pension Protection Fund's (PPF) 7800 Index.

The figures showed total liabilities hit £1,747bn by the end of June. This compares to £1,590.4bn in May. The funding ratio of 5,945 schemes also worsened from 81.5% to 78.0% by the end of June...

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