DB schemes hit record health high

Schemes can expect to fund 98.5% of the accrued benefits

Martin Richmond
clock • 1 min read
DB schemes hit record health high

The health of defined benefit (DB) schemes continued to climb in the first quarter of 2022, hitting an all-time high, according to data from Legal & General Investment Management (LGIM).

According to research compiled by LGIM's DB health tracker, a DB scheme should expect to be able to fund a total of 98.5% of the schemes accrued benefits, as of 31 March 2022. This marks a 0.1% ...

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 Benefit

Industry Voice: Seeking diverse sources of liquidity and return

Industry Voice: Seeking diverse sources of liquidity and return

LGIM discusses ways for defined benefit (DB) schemes to build a stable liquidity pool, while balancing future returns and considering the importance of deep liquidity in light of the significant gilt market volatility of 2022.

LGIM
clock 26 May 2023 • 14 min read
DB pension transfer activity falls to lowest level in nine months

DB pension transfer activity falls to lowest level in nine months

Transfers fell by almost 12% in April, according to analysis

Jenna Brown
clock 25 May 2023 • 1 min read
Average time to buyout drops below five years for first time

Average time to buyout drops below five years for first time

Analysis finds FTSE 350 DB schemes’ time to buyout has dropped to 4.7 years

Holly Roach
clock 16 May 2023 • 2 min read
Trustpilot