FTSE 350 DB aggregate surplus falls by £12bn in December

Mercer finds DB funding levels saw improvements over the course of last year

Martin Richmond
clock • 2 min read
FTSE 350 DB aggregate surplus falls by £12bn in December

The aggregate surplus of FTSE 350 defined benefit (DB) schemes fell by £12bn in December 2023, research from Mercer has shown.

The latest data from the consultancy's Pensions Risk Survey of the funding levels of the FTSE 350 DB schemes, which calculates their funding positions using IAS19, found the aggregate surplus decre...

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

DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy

DB schemes enter 'new era' as focus shifts from managing deficits to long-term strategy

Hymans Robertson says long-term planning is now ‘centre stage’

Holly Roach
clock 30 October 2025 • 2 min read
Workplace pensions are 'bright star in a dark sky' for corporate UK

Workplace pensions are 'bright star in a dark sky' for corporate UK

LCP says corporations can benefit from high funding levels and schemes’ endgame opportunities

Jasmine Urquhart
clock 27 October 2025 • 1 min read
MHCLG releases LGPS statistics for 2024/25

MHCLG releases LGPS statistics for 2024/25

2024/25 statistics reveal 11.7% increase in expenditure and 5.2% increase in total income

Jasmine Urquhart
clock 22 October 2025 • 1 min read
Trustpilot