No 'doom and gloom' for DB schemes as surplus grows, FAB index shows

James Phillips
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No 'doom and gloom' for DB schemes as surplus grows, FAB index shows

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, assets...

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