Your Views on the Forum Board

[Mike Street]

We have introduced the Forum Board so that members of KPFA can “talk” to each other and exchange information on matters of mutual interest. So please raise new “topics” that may be of interest to others and / or comment on existing “topics” including the Forum Board.

The Forum Board can be a useful communication tool, but it will only be effective with your active support and participation.

[snell]

Many thanks to Mike and the team in the North East for setting up this Forum Board.
Please lets use it.

[julian snell]

The PPF 7800 Index has been updated to the end of December 2009.

Highlights are:

The aggregate funding position (total assets minus total liabilities) of almost 7,400 DB funds is estimated to have improved over the month to a deficit of £32.6 billion at end-December 2009, from a deficit of £92.5 billion at end-November 2009 (Chart 1 and Table 1). Scheme funding is better than it was a year previously (there was a deficit of £190.6 billion in December 2008).

The total deficit of schemes in deficit in December 2009 is estimated to have improved to £90.7 billion from £132.9 billion at the end of November 2009 (Chart 3 and Chart 4). In December 2008, the aggregate deficit of all schemes in deficit stood at £208.7 billion.

In December 2009, the total surpluses of schemes in surplus increased to £58.1 billion from £40.4 billion at the end of November 2009 (Chart 6). In December 2008, the total surplus of all schemes in surplus stood at £18.1 billion.
Source: Pension Protection Fund website.