PPF sees aggregate DB surpluses rise by £16.2bn in September

Funding ratio increases to 129.8% and liabilities up by 0.6% due to slight drop in gilt yields

Jasmine Urquhart
clock • 2 min read
PPF sees aggregate DB surpluses rise by £16.2bn in September

The aggregate surplus of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 Index increased by £16.2bn last month to a £255.1bn surplus.

The index measured a 129.8% funding ratio, up by 1.7 percentage points on the previous month, and a 2% increase in scheme assets to £1,112.2bn. Scheme liabilities increased by 0.6% to £857.1bn, ...

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