Image:
XPS says increased funding levels may prompt trustees to "review their ultimate objectives"
The aggregate surplus of UK defined benefit (DB) schemes reached a “near record” of £154bn in February, analysis from XPS Pensoins Group has found.
The consultancy's DB:UK tracker found funding positions improved by around £20bn over the month, driven by a rise in long-term gilt yields of around 0.2%, decreasing the value of liabilities. Th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
