FTSE 350 schemes record £33bn deficit

Professional Pensions
clock

FTSE 350 pension schemes have recorded a funding level of 92% which equals a deficit of £33bn, Mercer figures reveal.

At December 31, 2007 the deficit stood at £13bn. The consultant said the figure illustrates the impact of market volatility on company balance sheets. The research also showed the insolvency risk...

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

Majority of DB schemes have settled on their endgame strategy, Aon finds

Majority of DB schemes have settled on their endgame strategy, Aon finds

Firm’s survey shows 84% of schemes with less than £500m in AUM targeting an insurance transaction

Martin Richmond
clock 21 May 2026 • 3 min read
DB scheme funding levels recover in April

DB scheme funding levels recover in April

Broadstone says funding levels ‘remain volatile’ amid ‘uncertain’ economic backdrop

Martin Richmond
clock 13 May 2026 • 2 min read
PPF 7800 aggregate surplus falls by £5.3bn in April

PPF 7800 aggregate surplus falls by £5.3bn in April

Lifeboat fund’s 7800 index shows surplus stood at £258.5bn as at the end of last month

Martin Richmond
clock 12 May 2026 • 3 min read
Trustpilot