DB surpluses rise by £19bn in April, XPS finds

XPS finds aggregate DB funding levels remain ‘extremely positive’ on long-term target basis

Martin Richmond
clock • 1 min read
DB surpluses rise by £19bn in April, XPS finds

The aggregate surplus of UK defined benefit (DB) schemes rose by £19bn during April, research from XPS Pensions Group has shown.

The latest data from the consultancy's DB:UK Funding Watch tracker revealed the aggregate DB surplus rose from £159bn at the end of March to £178bn by the end of April. The tracker showed a 0.4% in...

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

Partner Insight: Growing the retirement orchard – making sense of CDC

Partner Insight: Growing the retirement orchard – making sense of CDC

BlackRock's Massi Delle Donne explains how CDC could bear greater fruit for pension savers

Massi Delle Donne, Managing Director Institutional Solutions EMEA @ BlackRock
clock 23 July 2026 • 4 min read
Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Tender Watch: Pensions Archive Trust appoints Barnett Waddingham

Consultancy will provide the trust with pro bono secretariat and governance support

Professional Pensions
clock 02 June 2026 • 1 min read
Majority of DB schemes considering surplus extraction, L&G finds

Majority of DB schemes considering surplus extraction, L&G finds

Firm said ‘thorough preparation’ is key for schemes intending to complete a PRT deal

Holly Roach
clock 31 March 2026 • 3 min read
Trustpilot