Pensions - Articles - Pension Protection Fund issue September 2018 PPF7800 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 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 of the 5,588 schemes in the PPF 7800 Index is estimated to have increased over the month to £65.3 billion at the end of August 2018, from a deficit of £62.8 billion at the end of July 2018.
 • The funding level decreased from 96.3 per cent at the end of July 2018 to 96.1 per cent.
 • Total assets were £1,627.1 billion and total liabilities were £1,692.4 billion.
 • There were 3,562 schemes in deficit and 2,026 schemes in surplus.
 
 
 For a more in-depth look at the monthly changes to our data 
 
 
 To view the full update:
 
  

Back to Index


Similar News to this Story

New Childcare Act expansion could boost pension savings
A recent expansion of the Childcare Act could increase the retirement savings of parents by £1.2 billion according to new analysis from The People’s P
A third of over 65s gamble beyond the lottery
New analysis conducted by Gambling Research Glasgow at the University of Glasgow, on behalf of PensionBee, reveals that almost one in three adults ove
How attitudes to work could shape long term saving
#Corporatelife emerges as latest Gen Z-led social media trend – what it could mean for long-term saving. Embracing a “locked in” career approach could

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.