PPF 7800 continues upward trend as 26 schemes move into surplus
The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.
At the end of the month, the 5,794 schemes had a combined section 179 deficit of £180.1bn, down from £186.2bn on 30 June. This was largely driven by a £10bn increase in aggregate assets to £1.5trn,...
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