UK - The Pension Protection Fund has recorded a £400m ($641.5m) surplus, compared with a £1.2bn deficit the year before, figures published today reveal.
The lifeboat fund's Annual Report and Accounts 2009/10 revealed the fund had a £400m surplus, compared with a £1.2bn deficit the year before - representing funding position increase from 88% to 103...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
