FTSE350 pension surpluses rise by £17bn in January

Mercer analysis finds increase in bond yields saw aggregate funding levels reach 111%

Jasmine Urquhart
clock • 2 min read
Mercer's analysis finds FTSE350 DB surpluses rose £17bn in January
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Mercer's analysis finds FTSE350 DB surpluses rose £17bn in January

The aggregate surplus of FTSE350 pension funds rose by £17bn in January as a result of increases to bond yields, Mercer analysis has found.

The firm's latest Pensions Risk Survey, which estimated the aggregate combined funding ratio of FTSE350 defined benefit (DB) pension plans on an IAS19 accounting basis, showed funding levels across...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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