Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Tag: Pension Protection Fund
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
Bulk annuity buyout frees fund from British pension rescue agency.
Ruling expected to cause ‘administrative difficulties’ for UK’s Pension Protection Fund.
Lawrence Churchill will act in a ‘non-executive capacity’ for the start-up DB consolidator.
Benefits lifeboat took on highest total obligations in Carillion, Toys R Us, and Hoover liabilities.
New CRO comes off of an eight month career break following 21 years at insurer.
Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.
A final decision will now be decided on by the European Court of Justice.
Despite the sharp rise, the aggregate deficit is down 29% from 2017.
Despite monthly increase, deficit is 54% lower than previous year.
Aggregate deficit declines by £62.4 billion.
Lifeboat fund reduces levy estimate for 2018-19 to £550 million from £615 million.
Reports from Pension Protection Fund and Mercer show improved DB funding.
Assets increased by £5.3 billion, as funding ratio rises to 121.6%.