DB funding improves despite drop in yields

PPF says rise in liability values was outpaced by growth in DB asset values

Jonathan Stapleton
clock • 3 min read
Shalin Bhagwan: Positive returns over the month for all asset classes, and particularly overseas equities, were driven by favourable economic data and better-than-expected corporate earnings reports
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Shalin Bhagwan: Positive returns over the month for all asset classes, and particularly overseas equities, were driven by favourable economic data and better-than-expected corporate earnings reports

Defined benefit (DB) scheme funding improved slightly during June as increases in scheme assets outpaced rises in liabilities during the month, latest Pension Protection Fund (PPF) data shows.

The lifeboat fund's PPF 7800 Index – which estimates the s179 funding position of the 4,969 DB schemes in the PPF universe on a monthly basis by adjusting scheme valuation data supplied to The Pens...

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