DB funding level drops on back of US-China trade war fears

James Phillips
clock
DB funding level drops on back of US-China trade war fears

The aggregate defined benefit (DB) funding level worsened in March, hitting its worst level since last August, the Pension Protection Fund (PPF) has said.

At the end of March, the universe of 5,588 schemes was funded to a 93.1% level, compared to 95.6% at the end of February. This is down from the 96.9% four-year high recorded at the end of January, and...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Contribution

The shifting tectonic plates

The shifting tectonic plates

As China seeks to restructure its economic model, Newton’s Brendan Mulhern assesses the outlook for DC investors

Brendan Mulhern
clock 06 December 2021 • 3 min read
Aon's UK DC pension tracker fell steeply during the third quarter

Expected living standards in retirement fall back in Q3

Lower return assumptions for growth assets driving decline in expected outcomes

Jonathan Stapleton
clock 06 December 2021 • 2 min read
Less than a third (30%) of respondents told PP there were mostly pros to consolidation in the DB space.

More pros than cons to DC consolidation, industry says

Many contrary findings across the DB space also noted

Hope William-Smith
clock 06 December 2021 • 3 min read
Trustpilot