![]() |
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:
|
|
|
|
| Senior GI Pricing Analyst | ||
| London/flex - 2dpw in the office - Negotiable | ||
| Retail pricing role model | ||
| London/flex - 2dpw office-based - Negotiable | ||
| Tech-led actuarial pricing | ||
| London/flex - 2dpw in the office - Negotiable | ||
| GI Pricing (Assistant) Manager - Nati... | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| GI Pricing Manager | ||
| South East / hybrid 2 dpw in the office - Negotiable | ||
| Shape the future of GI pricing | ||
| South East / hybrid 2dpm office-based - Negotiable | ||
| Scheme Actuary - full remote working | ||
| Fully remote with hybrid options - Negotiable | ||
| Capital Actuary | ||
| London - £140,000 Per Annum | ||
| Technical Pricing Manager - Non-life | ||
| Hybrid / remote - Negotiable | ||
| P&C Risk Actuary | ||
| London / hybrid 1-2 dpw office-based - Negotiable | ||
| CONTRACT: GI Provisioning in the Publ... | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Life Leadership - Balance Sheet & ALM | ||
| London/Midlands/Scotland, hybrid - Negotiable | ||
| Transaction and Modelling Leadership | ||
| London/Midlands/Scotland, hybrid - Negotiable | ||
| Head of Business Development | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Technical Pensions Actuary | ||
| Remote - Negotiable | ||
| Senior Portfolio Manager | ||
| London - £130,000 Per Annum | ||
| BPA Origination Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Pensions consulting in the capital | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| BPA Data Specialist | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Actuarial Valuations Analyst (Life) | ||
| Scotland / hybrid 2-3 dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.