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PPF says unchanged funding ratio masks challenging month as surpluses drop

The Pensions Protection Fund (PPF) says the aggregate surplus of the 5,131 schemes in the PPF 7800 Index decreased during October by £5.5bn to £441.5bn from £446.9bn the month prior.

PPF says DB surplus grew by £6bn in September following fall the month prior

The aggregate surplus of the 5,131 schemes in the Pension Protection Fund (PPF) 7800 Index is estimated to have increased by nearly £6bn to £446.9bn at the end of September 2023, from £441.1bn at the end of August.

Scheme surpluses decreased by £22bn in March, PPF finds

The aggregate surplus of UK defined benefit schemes fell by £22.1bn at the end of March, according to research from the Pension Protection Fund (PPF).

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