Pensions - Articles - PPF 7800 Index Update 14 February 2017

 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 5,794 schemes in the PPF 7800 Index is estimated to have decreased over the month to £196.5 billion at the end of January 2017, from a deficit of £223.9 billion at the end of December 2016.
 • The funding ratio improved from 86.8 per cent at end December 2016 to 88.2 per cent.
 • Total assets were £1,467.2 billion and total liabilities were £1,663.6 billion.
 • There were 4,262 schemes in deficit and 1,532 schemes in surplus.

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