Image:
Gilt yield rises of around 3% resulted in a 35% reduction in the value of liabilities during 2022
UK pension scheme funding positions improved by a margin of £400bn against long-term funding targets over the year to 20 December 2022, latest analysis from XPS Pensions Group finds.
The consultancy's DB:UK funding tracker found that, based on assets of £1,456bn and liabilities of £1,394bn, the aggregate funding level of UK pension schemes on a long-term target basis was 104% a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
