DB schemes remain on course for buyout

Funding levels dipped by 5% in November but continued to show a strong surplus

Martin Richmond
clock • 2 min read
DB schemes remain on course for buyout

The funding levels for the over 5,000 corporate defined benefit (DB) schemes have remained in a healthy position, with many schemes on course to reach buyout, according to PwC.

The firm's latest buyout index revealed the estimated cost of buyout increased in November, driven by long-term bond yields continuing to decrease. The index also revealed an increase in asset v...

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

Half of DB schemes to move to corporate sole trustee model by 2028

Half of DB schemes to move to corporate sole trustee model by 2028

Hymans Robertson says schemes see model as providing time and cost savings

Jasmine Urquhart
clock 22 March 2024 • 1 min read
Industry backs calls for 'further reflection' on DB statements of strategy

Industry backs calls for 'further reflection' on DB statements of strategy

Buzz survey finds nearly three-quarters of respondents support further reflection by TPR

Martin Richmond
clock 20 March 2024 • 2 min read
Charities urged to review DB endgame plans as scheme funding grows

Charities urged to review DB endgame plans as scheme funding grows

Spence & Partners analysis shows run on could be a viable option for some charity plans

Jonathan Stapleton
clock 19 March 2024 • 2 min read
Trustpilot