Barclays net pension surplus rises by nearly £1bn

The group’s IAS 19 net pension surplus was £4.5bn as at December 2022, up from £3.6bn

Holly Roach
clock • 1 min read
Barclays net pension surplus rises by nearly £1bn

Barclays Bank Group’s IAS 19 net pension surplus across all schemes as at 31 December 2022 was £4.5bn, an almost £1bn increase since 2021, its annual results revealed.

The firm's results showed the surplus of its schemes as £4.5bn, up from £3.6bn in December 2021. For comparison, in December 2020 the surplus was £1.6bn. The group's main scheme, the UK Retireme...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Post- and pre- dashboards worlds will look 'very different'

Post- and pre- dashboards worlds will look 'very different'

Chris Curry says industry standards have improved as a result of dashboard delivery

Holly Roach
clock 14 August 2026 • 2 min read
Aviva posts fall in BPA business but strong growth in wealth and workplace

Aviva posts fall in BPA business but strong growth in wealth and workplace

Insurer says BPA market ‘less active and more competitive’ but sees workplace flows soar

Professional Pensions
clock 14 August 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPT CDC solution, PASA dashboard guidance, £83m buy-in deal

Professional Pensions
clock 14 August 2026 • 1 min read
Trustpilot