PPF finds DB surplus increased slightly in December to £428.2bn

PPF 7800 Index reported a funding ratio decrease of nearly 3% during the month

Jasmine Urquhart
clock • 3 min read
The PPF 7800 index measured a surplus increase in December
Image:

The PPF 7800 index measured a surplus increase in December

The aggregate surplus of the 5,050 defined benefit (DB) schemes in the Pension Protection Fund’s (PPF) 7800 Index increased by almost £3bn in December.

The index, which measured the latest funding position of DB schemes as at 31 December 2023, measured the aggregate surplus at £428.2bn, up from £425.5bn at the end of November 2023. The funding ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 14 May 2024 • 1 min read
Partner Insight: Using DB surplus to support DC provision

Partner Insight: Using DB surplus to support DC provision

Aggregate defined benefit (DB) funding levels have improved to over 130% resulting in over 80% of DB schemes now being in surplus.*

Yassin Isman, Associate Partner, Aon
clock 13 May 2024 • 4 min read
Tender Watch: Dalriada appoints two firms to audit panel

Tender Watch: Dalriada appoints two firms to audit panel

Dalriada appoints Assure UK and Cooper Parry to its panel of auditors

Professional Pensions
clock 13 May 2024 • 1 min read
Trustpilot