Pensions crisis puts dividends under threat as PPF shows soaring liabilities

The recent release of the PPF figures revealed a shocking deficit for the UK’s 5,954 defined benefit (DB) schemes, which increased from £376.8bn at the end of July to £459.4bn at the end of August. Dan Mikulskis, Head of DB at Redington features in Institutional Asset Manager, claiming that pension liabilities have put UK company dividends under threat.