PPF projects DB surplus by 2021 but Brexit could be spanner in the works
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
While this is a positive projection for funding, the lifeboat fund also predicts 60% of the 5,588 schemes in the DB universe will remain in deficit, still posing a risk to the PPF if claims are made...
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DB funding - September 2020: PPF 7800 records £26bn deficit increase
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
