PPF will not be overwhelmed by deficit

clock

Despite news that the total deficit of pension schemes hit £155bn in November the Pension Protection Fund will not be overwhelmed, Con Keating says.

PPF figures - released yesterday - revealed the aggregate funding position of the 7800 defined benefit funds monitored by the lifeboat fund worsened to £136bn in November. BrightonRock head of re...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: How to manage your journey to settlement

Partner Insight: How to manage your journey to settlement

Alana Corbett, Senior Consultant, Aon
clock 20 November 2024 • 4 min read
Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Just Group
clock 19 November 2024 • 4 min read
SPP: DB funding code will create clarity between funding, covenant and investment

SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock 14 November 2024 • 1 min read
Trustpilot