20 December 2013
The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-November 2013) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund.
November again marked an improvement in eligible scheme funding – with average universe funding ratio increasing from 93.8% to 95.0% reflecting a fall in overall deficit from £75.6bn to £59.7bn. This small change had less to do with universe assets – which fell slightly – than with an improvements in the current value of liabilities – which fell by more.
Report and analysis is provided by the PPF on their website
Over to You:
- If you found this content useful, please feel free to share it using the buttons at the bottom of the webpage
- If you’d like to be kept in touch with my writings as they are published, please subscribe to my Mailing List
- If you think I might be able to help your business with your pensions related challenges – please email or call me
Author: Martin Veasey
© www.veaseyassociates.co.uk 2011 – 2020