DB schemes see £8bn improvement on 'best estimate' assumptions

James Phillips
clock • 1 min read

Defined benefit (DB) schemes recorded a £295bn surplus at the end of May, according to First Actuarial's best-estimate index (FABI).

According to the index, which uses significantly different calculations to the Pension Protection Fund (PPF) and other industry trackers, said the surplus had improved marginally from £287bn at the...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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