DB schemes in surplus for the first time since June '08

Jenna Towler
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Defined benefit pension funds are £0.3bn in surplus for the first time since June 2008, Pension Protection Fund figures reveal.

The lifeboat fund said the aggregate funding position - total assets minus total liabilities - of almost 7400 DB funds improved to the small surplus at the end of March from a deficit of £15.1bn fo...

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