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
Negative real returns coupled with RPI reform mean schemes will see a big impact
Aggregate funding level drops to 103.5% but number of schemes in deficit rises by 176
Schemes must be on their guard as trapped surpluses become a clear and present danger.
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
What were the most read analysis articles on Professional Pensions over the last 12 months? Here are the top stories of the year
Raj Mody says cyber security will become a prevalent issue, while blockchain will move front and centre for the industry
As the trustee meeting schedule starts again, Raj Mody says now is a good time to review and update contract terms in light of the FCA's study
Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.