UK DB schemes' health showing further positive signs

Analysis finds number of tranche 16 schemes in deficit fell by 12%

Martin Richmond
clock • 3 min read
McLaren: We recognise that not everyone is in the same boat, as there remains a minority of schemes with material deficits and longer recovery plans
Image:

McLaren: We recognise that not everyone is in the same boat, as there remains a minority of schemes with material deficits and longer recovery plans

The health of defined benefit (DB) schemes across the UK is showing continued signs of improvement with a greater number of schemes in surplus, research by Hymans Robertson has revealed.

The consultancy's 2023 Pension scheme funding: benchmarking analysis looked at data published by The Pensions Regulator (TPR) on pension scheme funding in August, and covered tranche 16 schemes wit...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Defined Benefit

Partner Insight: Growing the retirement orchard – making sense of CDC

Partner Insight: Growing the retirement orchard – making sense of CDC

BlackRock's Massi Delle Donne explains how CDC could bear greater fruit for pension savers

Massi Delle Donne, Managing Director Institutional Solutions EMEA @ BlackRock
clock 18 June 2026 • 4 min read
Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Consultancy will provide the trust with pro bono secretariat and governance support

Professional Pensions
clock 02 June 2026 • 1 min read
Majority of DB schemes considering surplus extraction, L&G finds

Majority of DB schemes considering surplus extraction, L&G finds

Firm said ‘thorough preparation’ is key for schemes intending to complete a PRT deal

Holly Roach
clock 31 March 2026 • 3 min read
Trustpilot