DB Funding Index

Despite positive picture, the tightening of credit spreads is growing risk

Surpluses often trapped with accounting rules providing block on discretionary increases

PwC asks if public sector schemes will look to use surpluses to meet contribution costs

PPF 7800 index reveals slight fall following volatile month for long-dated gilt yields

Slight fall in 7800 index comes in anticipation of the end of central bank tightening cycle