UK - The aggregate funding deficit of schemes in the PPF 7800 index shot up by 75% in the month of August pushing funding levels below 90%, latest figures show.
The updated index estimates the combined shortfall for the 6,533 schemes climbed from £67.3bn ($106.2bn) on a section 179 basis at the end of July to £117.5bn by the end of August. Total assets ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
