Pensions - Articles - SkyVal Index shows GBP20bn increase in DB pension deficit

 PwC’s Skyval Index, based on the Skyval platform used by pension funds, provides an aggregate health check of the UK’s c.5,450 corporate DB pension funds. The current Skyval Index figures, based on the 'gilts plus' method widely used by scheme actuaries, are:

 Steven Dicker, PwC’s chief actuary, said: “July saw another drop in bond yields, and the corresponding increase in liabilities has not been offset by the rise in assets. This once again highlights the disconnect between assets and liabilities in the valuation of pension schemes.”