Dunfermline Building Society

by Brian Spence   •  
Blog
Had a look at the Society's accounts for 2007 and at 31 December there was an FRS17 liability of £32.9 versus assets of £25.7.  £16.2 million was in equities so will be worse now. Looks like a likely new entrant to the PPF unless there is a very substantial element of the liabilities that exceed the cap for compensation.

Further reading

Pensions Accounting Update As at 31 March 2024

Blog
by Angela Burns   •  

Pension scheme dynamics: Are we repeating the mistakes of the past?

Blog
by Angela Burns   •  

Is your DB scheme an asset rather than a liability?

Blog
by Alistair Russell-Smith   •  

More Insights?