Combined DB surplus hit 'record' £265bn in January

PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout

Holly Roach
clock • 3 min read
Combined DB surplus hit 'record' £265bn in January

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes reached a “record” high of £265bn in January, PwC analysis has found.

The firm's Buyout Index revealed funding reached highs during January following an increase in long-term gilt yields which reduced the estimated cost for schemes to buyout. For comparison, the f...

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 Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Government green-lights CDC scheme expansion, Sterling 20 initiative launches, inflation figures published

Professional Pensions
clock 24 October 2025 • 1 min read
PMI calls for urgent reform as UK's savings system 'at a tipping point'

PMI calls for urgent reform as UK's savings system 'at a tipping point'

Professional body looks to spark debate on UK savings crisis as Pensions Commission revived

Jonathan Stapleton
clock 24 October 2025 • 1 min read
News Digest: Pension funds scoop up ex-private equity executives

News Digest: Pension funds scoop up ex-private equity executives

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 24 October 2025 • 1 min read
Trustpilot