The aggregate funding position of the 6,653 schemes in the Pension Protection Fund's 7800 index improved to a surplus of £6.6bn at the end of July.
This was an improvement from a deficit of £21.8bn at the end of June. The lifeboat fund said this relates to a funding ratio improvement from 97.6% to 100.7% - noting total assets were £921.2bn ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
