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› People › Pension Protection Fund (PPF)
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Pension Protection Fund (PPF)
4
source-backed facts
1 publication
Finance
finance · BBC
The collective deficit of the UK's private sector final-salary pension schemes widened to £42bn in May 2010, from £2bn in April 2010, according to the PPF.
“At the end of the month, the deficit of the 7,300 schemes it monitored widened to £42bn from just £2bn in April.”
42 bn
2 bn
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finance · BBC
The combined deficit of UK private sector final-salary pension schemes stood at £179bn a year before May 2010 (i.e., May 2009), according to the PPF.
“However, the position of the schemes is still better than a year ago, when their combined deficit stood at £179bn.”
179 bn
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finance · BBC
Total scheme assets amounted to £895.8bn in May 2010, a 1.9% decrease over the month and a 15% increase over the year to May 2010, according to the PPF.
“"Total scheme assets amounted to £895.8bn in May 2010, representing a decrease of 1.9% over the month and an increase of 15% over the year to May 2010," the PPF said.”
895.8 bn
1.9 %
15 %
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finance · BBC
Scheme liabilities increased by 2.4% over the month from £915bn in April 2010 to £937bn in May 2010, according to the PPF.
“"Meanwhile, scheme liabilities [the value of assets needed to pay pensions]... increased 2.4% over the month from £915bn in April 2010 [to £937bn]."”
915 bn
937 bn
2.4 %
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