PPF: Scheme surpluses rose by £50bn in May

PPF 7800 Index found scheme deficits decreased by £2.1bn

Martin Richmond
clock • 3 min read
PPF: Scheme surpluses rose by £50bn in May

The aggregate surplus of UK defined benefit (DB) schemes increased by £52.3bn during May, research from the Pension Protection Fund (PPF) has shown.

Latest data from the lifeboat fund's 7800 Index revealed the combined surplus of the 5,131 schemes in the index increased to £430.9bn by the end of May, compared to a £378.6bn surplus at the end of...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Trustpilot