DB deficits hit record £310bn in May

Kristian Brunt-Seymour
clock • 2 min read

Total deficits of defined benefit (DB) schemes exceeded £300bn for the first time in May reaching record levels, according to JLT Employee Benefits.

Its latest monthly statistics for all private sector DB schemes showed the gap between assets and liabilities widened from £294bn in April to £310bn in May. The total DB funding level slightly f...

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

Tender Watch: Haskoning scheme appoints First Actuarial

Tender Watch: Haskoning scheme appoints First Actuarial

Firm selected to provide administration and actuarial services to the plan

Professional Pensions
clock 09 July 2025 • 1 min read
Pensions UK calls for PPF administration levy reform

Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
clock 03 July 2025 • 1 min read
DB transfer advice redress payments remain stable

DB transfer advice redress payments remain stable

First Actuarial says Q2 2025 redress remained at 5% of transfer value despite volatility

Jasmine Urquhart
clock 02 July 2025 • 1 min read
Trustpilot