FTSE 350 DB scheme funding positions stabilise

Schemes saw a marginal increase in their surpluses following gilt market turmoil

Martin Richmond
clock • 2 min read
FTSE 350 DB scheme funding positions stabilise

The funding position of the defined benefit (DB) schemes for the UK’s 350 largest listed companies has stabilised following the gilt market crisis caused by September’s Mini Budget, according to Mercer.

Data from the consultancy's latest Pensions Risk Survey revealed there was a small increase in the surplus of DB schemes in November, from £29bn to £31bn, as a result of assets outperforming liabil...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

SPP finds strong support for consolidator gateway tests

SPP finds strong support for consolidator gateway tests

Industry says a public sector consolidator should be aimed at small, fully funded schemes

Jasmine Urquhart
clock 17 July 2024 • 1 min read
Tender Watch: Nest extends partnership with Nexer Digital

Tender Watch: Nest extends partnership with Nexer Digital

Two-year contract extension worth up to £1.3m following two ‘successful’ years

Professional Pensions
clock 15 July 2024 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 09 July 2024 • 1 min read
Trustpilot