Pensions - Articles - Pension Protection Fund releases its latest PPF 7800 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 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.

 Highlights
 The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £6.4 billion at the end of April 2019, from a deficit of £43.9 billion at the end of March 2019.
  
 The funding level increased from 97.4 per cent at the end of March 2019 to 99.6 per cent.
  
 Total assets were £1,649.2 billion and total liabilities were £1,655.6 billion.
  
 There were 3,089 schemes in deficit and 2,361 schemes in surplus.
  
 The deficit of the schemes in deficit at the end of April 2019 was £157.2 billion, down
 from £181.1 billion at the end of March 2019.
  
 For a more in-depth look at the monthly changes to our data please see the link to the supporting data on the 7800 Index home page: 

Back to Index


Similar News to this Story

Divorce day don’t let your pension be the forgotten casualty
As the first working Monday of January, commonly known as “Divorce Day” approaches, Moneyfarm is calling on couples to ensure pensions are not overloo
Pension boost for minimum wage workers on 15 hours per week
The increase in the National Living Wage from April 2026 means a 15-hour working week (around two working days) meets the £10k annual earnings trigger
Consultation launched for TPRs new multi employer CDC code
The Pensions Regulator (TPR) is paving the way for an expansion in the collective defined contribution (CDC) market which could help more savers to ac

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.