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...

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