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
Signup and gain exclusive members-only insights
- 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
