UK - Pension funds have recorded the first surplus of 2008 but funding levels are still below last year, according to data released by the Pension Protection Fund (PPF).
Of the 7,800 defined benefit (DB) schemes in the index, 2,473 were in surplus, representing 32% of the total. This was down from 3,225 last year. The total value of scheme surpluses, £85.9bn (U...
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