Pensions - Articles - Fall in UK pension deficit revealed in latest Skyval Index

 PwC’s Skyval Index, based on the Skyval platform used by pension funds, provides an aggregate health check of the UK’s c.5,800 corporate DB pension funds. The current Skyval Index figures, based on the 'gilts plus' method widely used by scheme actuaries, are:

 Assets        Liability        Target Deficit
 £1,630bn    £1,810bn     £180bn

 Steven Dicker, PwC’s chief actuary, said:“The continued fine weather seems to have cast a positive spell on UK pension funds which have benefitted from steadily increasing asset values in recent months. “However, with continued political uncertainty, it remains to be seen how long the good streak will last.”