Tag: DB

8 January 2013 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-December 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits fell slightly during the last month of 2012, from £252.5bn as at end November to £244.7bn at end December with a corresponding improvement in s179 funding ratio to 81.3% from 80.8%. Year on year has seen a small but not insignificant improvement in universe funding positions with the funding ratio rising from 78.9% at year…

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12 December 2012 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-November 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits rose during the month, from £235.7bn as at end October to £252.5bn at end November with a corresponding decrease in s179 funding ratio to 80.8% from 81.7%. It is worth noting that the PPF have implemented a change from RPI to CPI for revaluation of relevant payments. This restatement took place with effective date at…

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13 November 2012 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-October 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits fell a small amount during the month, from £229.1bn as at end September to £227.3bn at end October with a corresponding almost imperceptible improvement in s179 funding ratio to 82.4% from 82.3%. A full report and analysis is provided by the PPF at this external page

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22 October 2012 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-September 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits fell very slightly during the month, from £280.3bn as at end August to £229.1bn at end September with a corresponding small improvement in s179 funding ratio to 82.3% from 79.1%. Whilst it was true that return-seeking asset values rose during the month, by the larger contributor to improved performance came from the increase in yields…

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13 September 2012 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-August 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits fell very slightly during the month, from £283.0bn as at end July to £280.3bn at end August with a corresponding small increase in s179 funding ratio to 79.1% from 78.9%. A full report is provided by the PPF at this external page

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14 August 2012 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-July 2012) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Total scheme deficits rose slightly during the month, from £267.0bn as at end June to £283.0bn as at end July with a corresponding small decrease in s179 funding ratio to 78.9% from 79.6%: Investment assets had a reasonable month but their contribution was outweighted by the impact of reductions in bond yields (and hence an increase in the…

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