PPF: DB schemes edge into surplus for first time since 2011

James Phillips
clock • 2 min read

Defined benefit (DB) schemes ended November in an aggregate surplus position for the first time since 2011, according to Pension Protection Fund (PPF) figures.

On a section 179 basis, with updated assumptions which came into effect on 1 November, the aggregate funding level of the index's 5,450 schemes was 100.9%. This was up from 95.9% at the end of Octo...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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