PPF reveals further £5bn rise in DB surpluses during June

Industry warns trustees and sponsors to avoid complacency despite positive movement

Holly Roach
clock • 4 min read
PPF reveals further £5bn rise in DB surpluses during June

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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