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
- 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