The Pension Protection Fund (PPF) has published a consultation document proposing changes to the actuarial assumptions used in s179 and s143 valuations.
The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £8.6 billion at the end of February 2019, from a deficit of £23.1 billion at the end of January 2019.
The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have increased over the month to £43.9 billion at the end of March 2019, from a deficit of £8.6 billion at the end of February 2019.
Following the consultation launched in September, the Pension Protection Fund (PPF) has today published its final levy rules for the 2019/20 levy year.
The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have increased over the month to £69.9 billion at the end of May 2019, from a deficit of £6.4 billion at the end of April 2019.
The Pension Protection Fund (PPF) is seeking to procure a panel of specialist firms to provide administrative and actuarial services for its scheme assessment process.
Please note that the Pension Protection Fund has announced that the Financial Assistance Scheme will close to Notification and Qualification of new schemes from 1 September 2016.
The Purple Book, published by the Pension Protection Fund, gives the most comprehensive picture of the risks faced by defined benefit pension schemes in the UK
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