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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Budget 26: 'Every penny' of Mineworkers' scheme surplus to be paid back

Budget 26: 'Every penny' of Mineworkers' scheme surplus to be paid back

Chancellor’s commitment comes after last-minute doubts

Alex Levy
clock 28 October 2026 • 2 min read
Government could change course on paying back Mineworkers' surplus, say reports

Government could change course on paying back Mineworkers' surplus, say reports

However, ahead of the Budget campaigners remain optimistic

Alex Levy
clock 28 October 2026 • 2 min read
Partner Insight: What we share sets us apart

Partner Insight: What we share sets us apart

Rosie Fantom, Head of Pension Risk Transfer, explains how BPA Plus combines guaranteed security with the potential to share more value.

Rosie Fantom, Head of Pension Risk Transfer @ M&G
clock 28 October 2026 • 4 min read
Trustpilot