The Pension Protection Fund (PPF) recorded a £5.9bn increase in the aggregate funding position of the 4,838 defined benefit (DB) schemes in its 7800 Index during January.
The PPF 7800 Index, which records the funding position of schemes on a section 179 basis, revealed the aggregate surplus of DB schemes rose last month to £265.6bn, up from £259.7bn at the end of De...
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