January sees marginal boost for DB funding levels

James Phillips
clock • 1 min read

Defined benefit (DB) funding levels improved by just 40 basis points during January, according to JLT Employee Benefits.

It said that, on an accounting basis, the combined deficit of all UK private sector DB schemes fell by £5bn to £102bn over the month. While assets grew by £33bn to £1,560bn, liabilities climbed ...

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

ONS estimates of very old increase in number

ONS estimates of very old increase in number

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Jasmine Urquhart
clock 03 September 2025 • 2 min read
Tender Watch: Emerson selects LifeSight as master trust provider

Tender Watch: Emerson selects LifeSight as master trust provider

LifeSight will cover all active, deferred and drawdown members of the pension scheme

Professional Pensions
clock 27 August 2025 • 1 min read
FTSE 350 firms face 'financial risk' from early DB surplus access

FTSE 350 firms face 'financial risk' from early DB surplus access

Barnett Waddingham says firms will miss out on additional value if they access surpluses too soon

Holly Roach
clock 18 July 2025 • 2 min read
Trustpilot