DB liabilities climb by £100bn over July

Kristian Brunt-Seymour
clock • 1 min read

Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.

Its latest monthly statistics for all private sector schemes under the IAS19 standard accounting measure showed deficits soared to £390bn by the end of July, rising £49bn from the end of June. O...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Kristian Brunt-Seymour
Author spotlight

Kristian Brunt-Seymour

View profile
More from Kristian Brunt-Seymour

Will future demand for bulk annuities squeeze supply?

PPF hires head of investment strategy

More on Defined Benefit

Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial
Defined Benefit

Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial

First Actuarial appointed to provide actuarial and administration services

Professional Pensions
Professional Pensions
clock 09 June 2025 • 1 min read
FIF25: Opportunities with DB pensions
Defined Benefit

FIF25: Opportunities with DB pensions

No ‘one size fits all’ approach to endgame, with changing allocations within DB schemes

Jasmine Urquhart
Jasmine Urquhart
clock 04 June 2025 • 1 min read
DWP responds to WPC report on DB pensions market
Defined Benefit

DWP responds to WPC report on DB pensions market

Government confirms it will consider PPF compensation changes and consult on trusteeship, accreditation and governance

Holly Roach
Holly Roach
clock 01 May 2025 • 4 min read
Trustpilot