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Bhagwan: We’ve made some significant changes to how we calculate the scheme funding data for this year’s Purple Book
The aggregate surplus of the 4,969 schemes in the Pension Protection Fund’s (PPF) 7800 Index is estimated to have risen from £235.5bn at the end of November from a surplus of £234bn at the end of October.
The figures reflect the first monthly update since the PPF amended its methodology – refining its approach to roll-forward assets and liabilities as part of the publication of The Purple Book last ...
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