DB Pensions – End-February 2013 PPF 7800 deficit

12 March 2013 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-February 2013) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Estimated total scheme deficits continued the trend of consistent improvement through the early part of 2013, from £211.2bn as at end January to £201.5bn with a corresponding small improvement in s179 funding ratio to 84.6% from 83.7%. February’s improvement was driven by significantly positive asset returns, though a small increase in gilt yields had the effect of partially…

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DB Pensions – End-January 2013 PPF 7800 deficit

12 February 2013 The Pension Protection Fund produces a monthly index update (this month’s release has data taken as at end-January 2013) of the estimated funding position of the defined benefit schemes which would be potentially eligible for entry into the Fund. Estimated total scheme deficits once again improved during the first month of 2013, from £244.7bn as at end December 2012 to £211.2bn with a corresponding improvement in s179 funding ratio to 83.7% from 81.3%. January’s improvement was mostly due to the early year strong start to asset performance, though the effect of slightly increased gilts yields was also…

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DB Pensions – End-December 2012 PPF 7800 deficit

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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DB Pensions – End-November 2012 PPF 7800 deficit

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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