Pension schemes’ deficit rises to £255.2bn
The aggregate deficit of the 6,533 schemes in the Pension Protection Fund (PPF) 7800 index is estimated to have increased over the month to £255.2bn at the end of December 2011, from a deficit of £222.1bn at the end of November. The funding ratio fell from 81.9% to 80.0%.
Total assets were £1018.9bn and total liabilities were £1274.1bn.
There were 5,473 schemes in deficit and 1,060 schemes in surplus.
The full update can be viewed on the PPF website at http://www.pensionprotectionfund.org.uk/Pages/PPF7800Index.aspx
- Article date:
- 10 January 2012
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Author: Pensions World
Pensions World is the leading monthly magazine for pensions professionals published by Butterworths Tolley.
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