Pensions - Articles - Pension Protection Fund issues latest PPF7800 Index update


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 s179 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.

 April 2018 Update

 Highlights
 • The aggregate deficit of the 5,588 schemes in the PPF 7800 Index is estimated to have decreased over the month to £81.7 billion at the end of April 2018, from a deficit of £115.6 billion at the end of March 2018.
 • The funding level increased from 93.1 per cent at end of March 2018 to 95.1 per cent.
 • Total assets were £1,577.4 billion and total liabilities were £1,659.1 billion.
 • There were 3,637 schemes in deficit and 1,951 schemes in surplus.
 
 To view the full update - Click here 

Back to Index


Similar News to this Story

DC Pension Tracker Q3 2025
The Aon UK DC Pension Tracker fell over the quarter, with the younger savers seeing decreases in their expected outcomes, while the older members’ exp
Employers must take lead in retirement adequacy crisis
Employers will end up taking most of the responsibility for helping to solve the retirement adequacy problem if we are to see real and impactful chang
Two thirds of Administrators involved in pension strategy
With forthcoming legislation, from Inheritance Tax on unused pension pots to the 2025 Pension Schemes Bill set to have considerable implications for p

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.