DB schemes see £50bn improvement in October

James Phillips
clock • 2 min read

The combined funding position of the UK's defined benefit (DB) schemes improved by £50bn over October, PwC analysis suggests.

At the end of the month, the aggregate deficit totalled £410bn, with £2trn of liabilities and £1.5trn of assets, resulting in a 79% funding level. The Skyval index's figures are calculated on th...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

Majority of pension professionals expect to pay DB surplus to members

Majority of pension professionals expect to pay DB surplus to members

XPS poll finds over half expect surplus to be shared with members in the next three years

Alex Levy
clock 29 September 2026 • 1 min read
Member outcomes not the only factor to consider when setting endgame strategy

Member outcomes not the only factor to consider when setting endgame strategy

LCP research finds 60% say potential for sponsor refunds should factor into scheme strategy

Martin Richmond
clock 29 September 2026 • 2 min read
Partner Insight: What is driving DB scheme costs?

Partner Insight: What is driving DB scheme costs?

Cost pressures have long been part of the defined benefit (DB) landscape, but the findings from the TPT DB Trustee Pulse 2026 suggest their role may be evolving.

TPT Retirement Solutions
clock 18 September 2026 • 1 min read
Trustpilot