First Actuarial's DB index surplus reaches record high in April
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
The firm's best estimate (FAB) index saw a 2.8% increase in surplus from the end of March, with the funding ratio rising from 129% to 130%. The April surplus level is a record high for the index, which...
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