PPF finds DB surpluses grew by more than £13bn in March

More schemes are in surplus, with an aggregate surplus of £455.5bn seen in March

Holly Roach
clock • 3 min read
PPF finds DB surpluses grew by more than £13bn in March

The aggregate surplus of the 5,050 defined benefit (DB) schemes in the Penson Protection Fund (PPF) 7800 Index increased during March to £455.5bn, up from £442.3bn the month prior.

The index also showed the funding ratio of these schemes rose slightly during the month to 146.5% from 146.1% at the end of February. Also, the index measured total assets as £1,434.3bn while to...

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