Small deterioration in funding level recorded by PPF 7800 Index
Overfunding is at its highest since 2007 on a section 179 basis, PPF index reveals
PPF index finds a 104.7% funding level, although 2,483 schemes remain in deficit
Aggregate funding level drops to 103.5% but number of schemes in deficit rises by 176
Underfunded defined benefit (DB) pension schemes in the UK are over-dependent on historically improbable equity returns, analysis by Willis Towers Watson reveals.