UK pension funds' surplus grows

Coins The PPF releases figures on the collective state of pension schemes every month

The finances of the UK's pension schemes improved in January, according to figures from the Pension Protection Fund (PPF).

The UK's 6,560 final-salary schemes in the private sector saw their collective surplus grow from £21.7bn in December to £46.1bn in January.

There were 3,696 schemes in deficit and 2,864 in surplus, the PPF said.

The figures are relatively volatile, with the schemes recording a deficit just two months earlier.

In January 2009, there was a collective deficit of £12.7bn.

The PPF operates the safety net for members of pension schemes if these schemes collapse.

More on This Story

From other news sites

* May require registration or subscription

The BBC is not responsible for the content of external Internet sites

More Business stories



  • The OfficeIn pictures

    Fifty landmark shows from 50 years of BBC Two

  • French luxury Tea House, Mariage Freres display of tea pots Tea for tu

    France falls back in love with tea - but don't expect a British cuppa

  • Worcestershire flagFlying the flag

    Preserving the identities of England's counties

  • Female model's bottom in leopard skin trousers as she walks up the catwalkBum deal

    Why budget buttock ops can be bad for your health

  • Two women in  JohanesburgYour pictures

    Readers' photos on the theme of South Africa

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.