The total deficit for the plans is nearly halved as the funded ratio climbs to 98%.
Tag: Pension Protection Fund
Deficit for UK defined benefit plans fell to £71.1 billion.
Funding level falls to 95% from 97%.
Aggregate deficit of the PPF 7800 increased more than tenfold to £69.9 billion.
Regulators satisfied with £385 million package despite demanding £25 million more.
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
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.