Legal News

PPF publishes the Purple Book 2021

Published on: 07 December 2021
Published by LNB News

LNB News 07/12/2021

Document Information

Issue Date: 07 December 2021

Published Date: 07 December 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Pension Protection Fund (PPF) has published the Purple Book 2021, which gives a comprehensive overview of the risks posed by the UK defined benefit (DB) schemes protected by PPF. The Book indicates an increase from 7.9% to 102.8% of the aggregate funding ratio, however, almost 50% of schemes remained in deficit on 31 March 2021.  According to the Purple Book, the deficit of schemes in deficit is the biggest risk posed, currently standing at £129bn.

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