DB schemes in surplus for the first time since June '08

Jenna Towler
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UK - Defined benefit pension funds are £300m (US$463m) in surplus for the first time since June 2008, Pension Protection Fund figures revealed.

The lifeboat fund said the aggregate funding position - total assets minus total liabilities - of almost 7,400 DB funds improved to the small surplus at the end of March from a deficit of £15.1bn f...

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Jenna Towler
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