Mercer says stock market falls offset by decrease in liabilities

clock

DEFINED benefit pension scheme funding levels have not been hit as hard as stock market falls would suggest, Mercer says.

The consultant’s pension update report showed the aggregate FTSE 350 pension scheme surplus was £1bn at 30 September 2008 on an IAS19 basis. Mercer estimated that despite asset falls of £39bn decr...

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

More on Defined Benefit

Funding for half-hedged scheme up 2% in May

Funding for half-hedged scheme up 2% in May

Broadstone Sirius Index sees fully hedged scheme improve to 69.3% funding

Jasmine Urquhart
clock 06 June 2025 • 1 min read
AMNT co-chair John Flynn: MNT status, consolidation, and drive for good practice

AMNT co-chair John Flynn: MNT status, consolidation, and drive for good practice

Flynn says his hope during his time in the role is for greater value to be placed on MNTs

Holly Roach
clock 02 June 2025 • 5 min read
Pensions campaign group warns against government's DB surplus proposals

Pensions campaign group warns against government's DB surplus proposals

Pension Security Alliance says DB extraction proposals ‘not in the interests’ of ten million DB members

Martin Richmond
clock 30 May 2025 • 5 min read
Trustpilot