Thanks to surging bond yields, the aggregate funded ratio of the PPF 7800 rose to 120.1% in June, up from 106.5% a year ago.
Tag: Pension Protection Fund
The total deficit for the plans is nearly halved as the funded ratio climbs to 98%.
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.