The aggregate surplus of the 4,969 schemes in the Pension Protection Fund’s (PPF) 7800 Index fell by £6.3bn to £232.7bn in February on a section 179 basis.
The PPF's index showed the aggregate funding ratio fell by 0.9 percentage points from 127.0% at the end of January to 126.1% at the end of last month. During the same period, total scheme assets fe...
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