Pensions - Articles - Pension Protection Fund issue September 2018 PPF7800 Index


This update provides the latest estimated funding position, on a section 179 (s179)basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

 A scheme’s 179 liabilities represent, broadly speaking, the premium that would have to be paid to an insurance company to take on the payment of PPF levels of compensation. This compensation may be lower than full scheme benefits.

 Highlights
 • The aggregate deficit of the 5,588 schemes in the PPF 7800 Index is estimated to have increased over the month to £65.3 billion at the end of August 2018, from a deficit of £62.8 billion at the end of July 2018.
 • The funding level decreased from 96.3 per cent at the end of July 2018 to 96.1 per cent.
 • Total assets were £1,627.1 billion and total liabilities were £1,692.4 billion.
 • There were 3,562 schemes in deficit and 2,026 schemes in surplus.
 
 
 For a more in-depth look at the monthly changes to our data 
 
 
 To view the full update:
 
  

Back to Index


Similar News to this Story

Professional Trustee appointments increase by 8 percent
Growth in the number of Professional Trustee (PT) appointments continued over the last 12 months, although at a slower rate than previously seen as th
Working from home could boost your retirement pot
Standard Life analysis highlights how directing savings made from working from home and not commuting could lead to a significantly bigger retirement
6 out of 10 pension dippers shun free Pension Wise guidance
FCA Financial Lives survey shows 59% accessing pensions don’t use the guidance service. Just Group says ‘stronger nudge’ to guidance still too weak

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.