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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 ...
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