Private sector DB deficits rise year on year from falling bond yields

Stephanie Baxter
clock

Deficits of defined benefit (DB) pension schemes have worsened year on year as a result of critically low bond yields, according to JLT Employee Benefits' monthly index.

The collective deficit of the FTSE 100 companies increased to £72bn up to 30 November from £65bn last year. This meant funding levels dropped to 88% from 89%. Liabilities rose from £567bn to £613bn...

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 Risk Reduction

Grant Thornton scheme completes £275m buy-in with Royal London

Grant Thornton scheme completes £275m buy-in with Royal London

Deal includes more than 2,200 members and is insurer’s largest external BPA deal to date

Jasmine Urquhart
clock 05 June 2025 • 2 min read
London Waste scheme completes £22m buy-in with Royal London

London Waste scheme completes £22m buy-in with Royal London

Bulk annuity transaction secures the benefits for around 200 members

Martin Richmond
clock 30 May 2025 • 2 min read
Morrisons bags £270m buy-in deal with Aviva

Morrisons bags £270m buy-in deal with Aviva

Third deal with the supermarket chain and the insurer secures benefits of 32,000 deferred members

Holly Roach
clock 28 May 2025 • 2 min read
Trustpilot