FTSE 100 pension scheme surpluses remain 'strong' at £60bn, says LCP

Consultancy finds continued surpluses generating ‘appetite’ for run-on

Martin Richmond
clock • 1 min read
FTSE 100 pension scheme surpluses remain 'strong' at £60bn, says LCP

The combined IAS19 pension surplus for the UK pension schemes of FTSE 100 companies remained “robust” in the first quarter of the year, research from Lane Clark & Peacock (LCP) shows.

Analysis by the consultancy's Pensions Explorer revealed as at 31 March 2024, the combined surplus stood at £60bn. Despite the surplus falling from the £70bn figure recorded in the final quarter of...

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

A well-funded scheme is not necessarily a simple one, say DB leaders

A well-funded scheme is not necessarily a simple one, say DB leaders

Brightwell, USS and LGPS executives say robust governance is vital in current landscape

Alex Levy
clock 19 October 2026 • 2 min read
Third-party cyber risk key concern for DB trustees

Third-party cyber risk key concern for DB trustees

Less than half of schemes regularly use simulations to test incident response plans

Alex Levy
clock 08 October 2026 • 1 min read
Age threshold risks more costly and complex surplus payments, say lawyers

Age threshold risks more costly and complex surplus payments, say lawyers

Draft rules pose practical challenges for sharing DB surplus with members

Alex Levy
clock 07 October 2026 • 7 min read
Trustpilot