11 October 2013
The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-September 2013) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund.
September marked a rare month, where neither assets nor liability values moved significantly and hence the net deficit was mostly unchanged: moving from £112.4bn to £114.8bn (a change in funding ratio from 90.8% to 90.7% retracing the move in August).
Report and analysis is provided by the PPF on their website
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Author: Martin Veasey
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