FTSE 350 DB funding reached record levels in May

Surplus increased to £69bn due to increases in bond yields and fall in rate of inflation

Martin Richmond
clock • 3 min read
FTSE 350 DB funding reached record levels in May

FTSE 350 defined benefit (DB) schemes recorded a record surplus over the month of May, Mercer research finds.

The latest data from the consultancy's pensions risk survey found the accounting surplus of the DB schemes of the 350 largest listed companies increased to £69bn, compared to a £51bn surplus at the...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Trustpilot