PPF finds DB surplus increased slightly in December to £428.2bn

PPF 7800 Index reported a funding ratio decrease of nearly 3% during the month

Jasmine Urquhart
clock • 3 min read
The PPF 7800 index measured a surplus increase in December
Image:

The PPF 7800 index measured a surplus increase in December

The aggregate surplus of the 5,050 defined benefit (DB) schemes in the Pension Protection Fund’s (PPF) 7800 Index increased by almost £3bn in December.

The index, which measured the latest funding position of DB schemes as at 31 December 2023, measured the aggregate surplus at £428.2bn, up from £425.5bn at the end of November 2023. The funding ...

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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

DB surpluses rise by £19bn in April, XPS finds

DB surpluses rise by £19bn in April, XPS finds

XPS finds aggregate DB funding levels remain ‘extremely positive’ on long-term target basis

Martin Richmond
clock 07 May 2024 • 1 min read
Tender Watch: PMI appoints communications insight partner

Tender Watch: PMI appoints communications insight partner

Paragon appointed to improve institute’s member communications

Professional Pensions
clock 07 May 2024 • 1 min read
Will LGPS schemes cut contributions in light of sustained surpluses?

Will LGPS schemes cut contributions in light of sustained surpluses?

PwC asks if public sector schemes will look to use surpluses to meet contribution costs

Jonathan Stapleton
clock 03 May 2024 • 3 min read
Trustpilot