Aggregate DB surplus rises to £280.7bn in September

PPF says funding positions strengthened as liabilities fell faster than assets during the month

Jonathan Stapleton
clock • 1 min read
Aaron Pang: Liabilities are now at their lowest level since 2007
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Aaron Pang: Liabilities are now at their lowest level since 2007

The aggregate surplus position of the 4,838 defined benefit (DB) schemes in the Pension Protection Fund’s (PPF) 7800 Index increased by £7.1bn during September.

The lifeboat fund said the aggregate surplus grew by from £273.6bn on a section 179 basis at the end of August to £280.7bn at the end of September – with the funding ratio rising from 133.4% to 135...

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