The 6,653 schemes monitored by the Pension Protection Fund reported a surplus of £13.5bn at the end of last month, figures show.
The PPF 7800 index reported the improvement from a deficit of £20.4bn at the end of September. The position was also an improvement on the previous year, when it stood at a deficit of £44bn. It said...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.