The Pension Protection Fund has seen its funding level improve by 1.2 percentage points, after enjoying above target returns in a year when it took on pension schemes of big corporates like Carillion.
The lifeboat fund's annual report for 2017/18 revealed its reserves have grown to £6.7bn, its funding ratio has risen to 122.8% as of March 2018 from 121.6% the previous year, and its assets grew b...
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