Over the month to 28 February 2021, First Actuarial’s Best estimate (FAB) Index fell slightly, with the surplus in the UK’s 5,318 Defined Benefit (DB) pension schemes decreasing from £309bn to £305bn.


The aggregate surplus on the PPF 7800 Index improved during February 2021, increasing from a deficit of £65.0bn to a surplus of £14.6bn, with the funding ratio improving from 97% to 101%.

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