Since the previous update, the Pension Protection Fund (PPF) has published its latest report on key information about UK pension schemes – The Purple Book.


After taking the changes in the Purple Book on board, over the month to 30 November 2020, First Actuarial’s Best estimate (FAB) Index fell, with the surplus in the UK’s 5,318 Defined Benefit (DB) pension schemes reducing from £307bn to £277bn.


The deficit on the PPF 7800 Index improved during November 2020, decreasing from £168.2bn to £78.8bn, with the funding ratio increasing from 91% to 96%.

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