20 September 2013
The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-August 2013) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund.
The marginal improvements in funding levels for August (an increase to 90.8% from 90.7%) masked a more interesting period for assets and liabilities. Both sides of the DB pensions balance sheet fell by a couple of percent, largely driven by ongoing increases in short- to mid- gilt yields and a little softness in growth markets.
Report and analysis is provided by the PPF on their website