The Pension Protection Fund (PPF) revealed the aggregate surplus of UK defined benefit (DB) schemes rose by £7bn during June, reaching the highest level since it began reporting in 2007.
The lifeboat fund's 7800 Index showed as at 30 June, the surplus of the 5,131 schemes in the index rose to £437bn from £430bn in May. The index also reported the funding ratio increased to 145.8...
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