FTSE 350 DB deficits fall to 17% of pre-tax profits

James Phillips
clock • 2 min read

Pension deficits at the UK's 350 largest listed companies fell by £27bn over the 18 months to June on an accounting basis, according to Barnett Waddingham.

As of 30 June, the combined defined benefit (DB) shortfall was £35bn, compared to £62bn as of January 2017. The upturn was thanks to a mixture of strong investment performance and increased deficit...

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

DB surpluses hit £220bn as schemes remain 'resilient'

DB surpluses hit £220bn as schemes remain 'resilient'

XPS Group analysis shows DB schemes have seen ‘steady improvement’ over the last 12 months

Holly Roach
clock 12 February 2026 • 1 min read
DB schemes make further progress on funding, Broadstone finds

DB schemes make further progress on funding, Broadstone finds

Firm’s Sirius Index shows slight increases across its modelled schemes

Holly Roach
clock 06 February 2026 • 1 min read
Tender Watch: Carlsberg UK scheme appoints Barnett Waddingham

Tender Watch: Carlsberg UK scheme appoints Barnett Waddingham

Consultancy will provide actuarial and administration services to the scheme

Professional Pensions
clock 05 February 2026 • 1 min read
Trustpilot