![PPF reveals further £5bn rise in DB surpluses during June](https://image.chitra.live/api/v1/wps/e652beb/8f7ccdb7-99a8-4b51-80c7-ca0c4663f745/1/iStock-1508312182-1-679x419.jpg)
Defined benefit (DB) pension scheme surpluses saw a further increase during June, Pension Protection Fund (PPF) analysis shows.
The lifeboat fund said the aggregate surplus pf the 5,050 schemes in the PPF 7800 Index rose by nearly £5bn last month to £473.6bn from £468.8bn in May. The funding ratio remained level at 149.4...
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