Proportion of schemes in surplus reaches highest level in 18 years

Aon analysis finds nearly half of schemes in surplus since start of current funding regime

Martin Richmond
clock • 4 min read
Proportion of schemes in surplus reaches highest level in 18 years

The percentage of defined benefit (DB) schemes in surplus has reached its highest level since the start of the current funding regime in 2005, research from Aon has shown.

The insurer's 2023 In Depth report of pension scheme funding analysed 129 completed valuations carried out by its consultants covering effective dates from September 2021 to July 2022, and found 47...

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

Record low mortality in Q3, CMI says

Record low mortality in Q3, CMI says

Overall mortality in first three quarters of 2025 lower than same period of any other year

Jasmine Urquhart
clock 09 October 2025 • 1 min read
TPT to launch run-on DB superfund

TPT to launch run-on DB superfund

Organisation plans to distribute surplus to scheme members from year five onwards

Holly Roach
clock 09 October 2025 • 5 min read
Smaller DB schemes face greater exposure to climate risk, Broadstone finds

Smaller DB schemes face greater exposure to climate risk, Broadstone finds

Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance

Holly Roach
clock 07 October 2025 • 1 min read
Trustpilot