PPF 7800 Index shows scheme surpluses rose by just under £7bn during the month
Surpluses of schemes in the PPF 7800 decreased during October while deficits grew
PPF 7800 Index finds aggregate surplus on the rise again following reduction in August
PPF 7800 Index finds scheme surpluses surpassed record highs recorded in June
PPF 7800 Index found scheme deficits decreased by £2.1bn
Scheme deficits reduced by £4.5bn according to latest figures from the PPF 7800 Index
The Pension Protection Fund’s (PPF) new tapered approach to its risk-based levy could provide a crucial short-term lifeline for struggling schemes hard-hit by Covid-19, the industry says.