The Pension Protection Fund will be publishing its annual analysis of the defined benefit sector on December 1.
The report, in its 17th edition, gives a comprehensive picture of the risks faced by DB schemes in the UK, considering data up to the end of March 2022.
In 2021, the net funding position of the 5,215 schemes analysed in the Purple Book showed an improvement with a surplus of £46.9bn, which compares with a deficit of £90.7bn in the previous year, while the aggregate funding ratio increased to 102.8 per cent from 94.9 per cent.
Join Pensions Expert and the PPF on December 1 at 10am to discover the 2022 picture of the DB industry.
In this exclusive pre-launch webinar, Pensions Expert editor Maria Espadinha talks to PPF chief financial officer and chief actuary Lisa McCrory and PPF head of actuarial financial management Aaron Pang, as they present the key findings from this year’s Purple Book and answer your questions on the DB pensions landscape.
The webinar is free to attend, but participants must register in advance here.
