The combined funding level of the UK's 5,450 defined benefit (DB) schemes increased by 60 basis points (bps) over January, latest Pension Protection Fund (PPF) data reveals.
The lifeboat's monthly update for last month revealed the aggregate deficit had fallen from £31.9bn to £23.1bn on a section 179 basis used to calculate PPF benefits over the month. Assets increa...
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
