The aggregate surplus of the 5,131 schemes in the Pension Protection Fund (PPF) 7800 Index is estimated to have increased by nearly £6bn to £446.9bn at the end of September 2023, from £441.1bn at the end of August.
The lifeboat fund's latest update showed the funding ratio increased to 147.5% compared to 146.2% in August when the PPF found a slight fall following volatile month for long-dated gilt yields. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date