Minute gains in the FTSE has seen private sector defined benefit deficits increase for the second month in a row, adding £20bn, research from the Pension Protection Fund (PPF) shows.
The PPF7800 index, which is calculated on an s179 basis, has shown the deficit of 6,316 private sector schemes rose to £256.6bn at the end of April, up from £236.6bn in March. During the month, asset...
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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.