Scheme funding in the defined benefit (DB) universe has worsened, but the Pension Protection Fund (PPF) remains confident it can tackle the challenges ahead, it says as it launches its 2020 Purple Book.
The lifeboat fund's Purple Book publication revealed aggregate funding levels dropped to 94.9% as at March 2020 from 99.2% the previous year, a drop the PPF said is primarily the result of market m...
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