http://www.pensions-expert.com/

Five key charts from the PPF's Purple Book

Flying in the face of almost everything else pensions-related this year, the latest annual edition of the Pension Protection Fund's Purple Book revealed few if any big shocks.

Scheme funding in the defined benefit universe rose on both an s179 and full buyout basis, which the PPF attributed to the combined impact of higher gilt yields on liabilities and higher equity markets on assets.

The book also noted, however, lower gilt yields had led to an 8 percentage point drop in scheme funding since March 2014.

Funding table

Source: PPF Purple Book

This may have led to the most notable finding of the report, the slowing of inflows to gilts and fixed interest assets. Allocations had been rising steadily since 2006 before faltering this year.

Click here for the full post

Tom Dines | November 3, 2014

Register now for FREE to see this article

It's quick, easy and as a registered user you'll have full access to all Pensions Expert articles. You will also be able to receive editorial emails.

Register

If you are already registered, please click here to login.