Reading Time: 2 minutes It’s not been a good summer for the financial health of UK DB pension funds. Data released by the PPF in September underlined a summer of bad news for schemes and scheme sponsors. A continued trend of falling gilt yields have seen liability values increase dramatically – adding more than £200bn to the aggregate deficit … More Grim Summer for DB Pensions
Reading Time: < 1 minute My TED-style talk from our January 2016 unconference on some of the trends in UK pensions de-risking over the last decade
Reading Time: 2 minutes The first 2016 update of the PPF index (of UK defined benefit pension funds) is just out, and it wasn’t pretty Falling long-dated interest rates over the month (the 30 year gilt rate fell by 0.3% to 2.3%) caused the present value of the liabilities to increase by some 6%, while the assets were virtually unchanged (presumably … More Pension Funding Levels Plunge in January 2016
Reading Time: 2 minutes The PPF publishes regular updates on the financial health of DB pension schemes in the UK (the PPF 7800 index) and also its own funding position. In recent times there has been quite some contrast between the two sets of figures (thanks to Pensions Expert for a great article highlighting this. Sure, the PPF collects … More What Can Pension Schemes Learn from the PPF ?
Reading Time: < 1 minute We’ve experienced a rollercoaster ride so far this year when it comes to government bond yields. For pension funds that haven’t hedged this risk, this has meant a lot of volatility in their position coming from the liability side of their balance sheet from one month to the next. It’s amazing really that in the 8 … More Snakes, Ladders & Pension Deficits
