PPF finds aggregate DB surplus fell by £13bn in April

Tariff uncertainty meant surplus fell for third month in a row to £202.5bn

Jasmine Urquhart
clock • 1 min read
PPF finds aggregate DB surplus fell by £13bn in April

The aggregate surplus of the defined benefit (DB) schemes in the Pension Protection Fund 7800 Index fell for the third month in a row last month, by £13bn to £202.5bn.

The PPF's index in April measured the funding ratio at 122.8%, a fall of 1.9 percentage points, while the aggregate surplus fell for the third month in a row. The index also showed total scheme ...

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