FTSE 350 DB scheme funding levels fall by £9bn

Decrease in surplus due to falling bond yields and turbulence in the banking sector

Martin Richmond
clock • 1 min read
FTSE 350 DB scheme funding levels fall by £9bn

The funding levels of FTSE 350 defined benefit (DB) schemes decreased by £9bn during March, research from Mercer has found.

The consultancy's pensions risk survey data analysis revealed the accounting surplus of the DB schemes for the 350 largest listed companies in the UK fell to £38bn at the end of March, compared to ...

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