Enduring FTSE 350 funding position raises questions about TPR funding code

Mercer says uncertainty could cast doubt over how best to proceed with ongoing valuations

Jonathan Stapleton
clock • 2 min read
Enduring FTSE 350 funding position raises questions about TPR funding code

Equities performed well while bond yields and future market expectations of inflation fell slightly over July, Mercer’s pensions risk survey data analysis for July 2023 shows.

The consultancy said the funding position of the FTSE 350 pension funds on an accounting basis shows a slightly higher surplus than at the end of June ­­- from £49bn at end of June 2023 to £54bn at...

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