DB accounting deficits stand at more than £400bn

Jenna Towler
clock

Defined benefit scheme deficits stood at £402bn at the end of last year, based on company accounting rules, Xafinity analysis shows.

The total deficit was an increase of £50bn on the same time last year, when the shortfall stood at £352bn. The consultant said liabilities rose by £101bn - but this was offset by £51bn growth in...

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

Clara announces superfund deal with the Videndum DB Pension Scheme

Clara announces superfund deal with the Videndum DB Pension Scheme

Deal is Clara’s fifth and the first to make use of its smaller schemes open section structure

Jonathan Stapleton
clock 21 April 2026 • 6 min read
DB schemes lack consensus on how to distribute surplus assets to members

DB schemes lack consensus on how to distribute surplus assets to members

Aon poll finds some favour topping up DC pots and others prefer providing cash lump sums

Holly Roach
clock 20 April 2026 • 2 min read
Partner Insight: What really matters to pension trustees when choosing a buy-in or buyout partner?

Partner Insight: What really matters to pension trustees when choosing a buy-in or buyout partner?

Alexa Mitterhuber - Director, Pension Risk Transfer, Standard Life
clock 20 April 2026 • 3 min read
Trustpilot