PPF 7800 Index deficit "too high for comfort"

Trustees Agenda posted on 15 May, 2017

Chief Executive of the PPF, Alan Rubenstein, has said the PPF 7800 Index deficit is "far too high for comfort", but does not believe there is a "fundamental affordability issue for DB pensions".

Speaking at the PMI's annual conference last week, Mr Rubenstein said that while the £245bn deficit recorded in April was too high, it was a "fraction" of the £400bn deficit reported in April 2016.