Pensions - Articles - Pension Protection Fund publish February PPF7800 Index

 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 (total s179 liabilities less total assets) of the 5,422 schemes in the PPF 7800 Index is estimated to have increased to £124.6 billion at the end of February 2020, from £74.7 billion at the end of January 2020.
 • The funding ratio decreased from 95.9 per cent at the end of January 2020 to 93.2 per cent.
 • Total assets were £1,720.9 billion and total liabilities were £1,845.5 billion.
 • There were 3,492 schemes in deficit and 1,930 schemes in surplus.
 • The deficit of the schemes in deficit at the end of February 2020 was £244.8 billion, up from £209.9 billion at the end of January 2020.

 For a more in-depth look at the monthly changes to our data please go to: https://ppf.co.uk/sites/default/files/file-2020-03/ppf_7800_data_for_website_up_to_february_20_0.pdf
 
 To view the full update: https://ppf.co.uk/sites/default/files/file-2020-03/ppf_7800_at_29_february_2020_for_march_update.pdf