Data: PPF14 August 2012
The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-July 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund.
Total scheme deficits rose slightly during the month, from £267.0bn as at end June to £283.0bn as at end July with a corresponding small decrease in s179 funding ratio to 78.9% from 79.6%:
Investment assets had a reasonable month but their contribution was outweighted by the impact of reductions in bond yields (and hence an increase in the assessed value of liabilities).
A full report is provided by the PPF at this external page
