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...

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