Ibstock DB scheme surplus shrinks by £45.7m

The firm said the decrease from £56.2m to £10.5m in a year was due to asset performance

Holly Roach
clock • 1 min read
Ibstock DB scheme surplus shrinks by £45.7m

The actuarial accounting surplus of the Ibstock Pension Scheme fell over the year to the end of June by £45.7m, according to its interim results.

The firm's results - published today (2 August) - revealed the surplus of Ibstock's defined benefit (DB) scheme fell from £56.2m at the end of June 2022 to £10.5m as at 30 June 2023. The firm sa...

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

Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Service designed to make it easier for older people to access financial support

Jonathan Stapleton
clock 05 June 2026 • 3 min read
PP Investment Awards 2025... Leadenhall Capital Partners

PP Investment Awards 2025... Leadenhall Capital Partners

Leadenhall Capital Partners was named Insurance Linked Securities Manager of the Year at the 2025 awards

Holly Roach
clock 05 June 2026 • 6 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions UK RLS, millions of savers set to reduce contributions, UK master trusts launch steering group

Professional Pensions
clock 05 June 2026 • 1 min read
Trustpilot