Defined Benefit

Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023

Consultancy says increasing gilt yields key factor in trend of decreasing transfer values

Sponsor and trustees now assessing transferring the scheme to a third party

Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%

Research finds almost one in four UK firms with DB schemes issued a profit warning

PPF 7800 index shows aggregate funding level for DB schemes has risen to 127%

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Broadstone finds fully hedged scheme deficit fell to lowest level in three years in January

First Actuarial found ‘considerable drop’ in financial risk associated with DB redress

Consultancy analysis finds government plans to extract DB surplus could be worth £160bn