Surpluses hit record levels but 'fluctuations' may lie ahead

PPF 7800 Index surplus hits record levels but uncertainty may lie ahead

Jonathan Stapleton
clock • 2 min read
Funding fluctuations may lie ahead
Image:

Funding fluctuations may lie ahead

The aggregate defined benefit (DB) scheme surplus has hit record levels – with the Pension Protection Fund (PPF) showing it had risen to £468.8bn on a section 179 basis during May.

The lifeboat fund said the aggregate surplus of the 5,050 schemes in the PPF 7800 Index was estimated to have increased over the month to £468.8bn at the end of May 2024 from a surplus of £458.3bn ...

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

More on Defined Benefit

FTSE 350 surplus soars to record high of nearly £80bn

FTSE 350 surplus soars to record high of nearly £80bn

Despite positive picture, the tightening of credit spreads is growing risk

Jonathan Stapleton
clock 24 June 2024 • 2 min read
K3 Advisory launches buy-in to buyout service

K3 Advisory launches buy-in to buyout service

Service provides small to mid-sized schemes with guidance on moving from buy-in to buyout

Martin Richmond
clock 19 June 2024 • 1 min read
'Strong' solvency levels expected to boost risk reduction market

'Strong' solvency levels expected to boost risk reduction market

Aon says insurers’ results show ‘ample headroom’ to support new business volumes

Martin Richmond
clock 18 June 2024 • 2 min read
Trustpilot