Defined Benefit

Funding ratio increases to 146.1%, with total assets at £1.4trn

Insurer’s results show sharp growth in underlying operating profit

Sirius Index analysis reveals scheme deficit levels remained broadly unchanged

Consultation another step towards the new funding regime but challenges remain

Brightwell research finds two-fifths of schemes are taking a ‘wait and see’ approach

Only one in ten to offer uncapped inflationary indexation increases

Larger schemes prefer low dependency, while one in five consider employer surplus return

XPS says DB funding improved by £20bn in February driven by 0.2% rise in long term gilts

Poll comes as 500,000 people still contributing to private sector schemes

PSC will allow entry to schemes in deficit and be legally separate from other PPF funds