FTSE 350 DB spending reached nearly £9bn in 2022

WTW estimates one in five schemes could be sufficiently well-funded to reach buyout

Martin Richmond
clock • 3 min read
FTSE 350 DB spending reached nearly £9bn in 2022

FTSE 350 companies paid almost £9bn into their defined benefit (DB) schemes last year, research from WTW has shown.

The consultancy's analysis of accounts filed by DB scheme sponsors in the FTSE 350 with 31 December 2022 year-ends found such schemes had paid £8.9bn into their DB schemes over the course of the ye...

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 Defined Benefit

Partner Insight: What is driving DB scheme costs?

Partner Insight: What is driving DB scheme costs?

Cost pressures have long been part of the defined benefit (DB) landscape, but the findings from the TPT DB Trustee Pulse 2026 suggest their role may be evolving.

TPT Retirement Solutions
clock 18 September 2026 • 1 min read
Poor member comms could delay buyouts, Hymans says

Poor member comms could delay buyouts, Hymans says

Poor communications can lead to complaints, member confusion and delayed transactions

Alex Levy
clock 17 September 2026 • 2 min read
Thousands of DB schemes will run until 2035, say pension professionals

Thousands of DB schemes will run until 2035, say pension professionals

Poll of 400 industry professionals reveals changing outlook for the sector

Alex Levy
clock 04 September 2026 • 1 min read
Trustpilot