s179
PPF consults on adopting more 'optimistic' assumptions
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.
Pension Protection Fund 7800 deficit slashed in half as gilt yields rise
The combined defined benefit (DB) deficit decreased by £52.8bn over January to £51.0bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
PPF brings in s143 and s179 assumption changes
The Pension Protection Fund (PPF) has put into effect changes to actuarial assumptions used in sponsor insolvencies and to calculate risk-based levies.