Pensions - Articles - Pension Protection Fund issues latest PPF 7800 Index

 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 £149.8 billion at the end of October 2017, from a deficit of £158.0 billion at the end of September 2017.
 • The funding ratio increased from 90.6 per cent at end of September 2017 to 91.2 per cent.
 • Total assets were £1,543.0 billion and total liabilities were £1,692.8 billion.
 • There were 4,030 schemes in deficit and 1,764 schemes in surplus.
 
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