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...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
