Defined benefit (DB) schemes increased their surplus over February when using realistic investment return assumptions, according to First Actuarial.
Under the firm's index, which uses best estimate expected returns on underlying assets, the combined surplus of the UK's 5,794 DB schemes grew by £13bn to £288bn last month. In the same period, ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date