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Improvement continues in PPF 7800 deficit

Open-access content Tuesday 10th April 2012 — updated 5.13pm, Wednesday 29th April 2020

The aggregate deficit of the pension schemes in the PPF 7800 index fell to £206.2bn at the end of March 2012, according to figures published today by the Pension Protection Fund.

The deficit for the 6,432 schemes compares to a £222.2bn deficit recorded for the previous month, and represents a further improvement from the £265.5bn deficit at the end of January.

Continuing a trend seen last month, the funding ratio of the schemes also improved - from 82.4% to 83.4% - while the number of schemes in deficit continued to fall. There were 5,189 schemes in deficit at the end of March, and 1,243 in surplus.

Total scheme assets were £1037.3bn and total liabilities w3ere £1243.5bn.

This article appeared in our April 2012 issue of The Actuary .
Click here to view this issue

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