Scheme surplus grows to more than £46bn

Jenna Towler
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The balance of schemes monitored by the Pension Protection Fund improved to a surplus of £46.1bn at the end of January, figures from the lifeboat fund reveal.

The 6,560 schemes in the PPF 7800 index had previously reported a surplus of £21.7bn at the end of December last year. The PPF said the funding ratio improved from 102.3% to 105%. Total assets w...

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