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

Martin Richmond
Author spotlight

Martin Richmond

Reporter at Professional Pensions

View profile
More from Martin Richmond

Four schemes complete full buy-ins with Utmost totalling £177m

DB transfer compensation continues to fall in Q2, Broadstone finds

More on Defined Benefit

Tender Watch: Haskoning scheme appoints First Actuarial
Defined Benefit

Tender Watch: Haskoning scheme appoints First Actuarial

Firm selected to provide administration and actuarial services to the plan

Professional Pensions
Professional Pensions
clock 09 July 2025 • 1 min read
Pensions UK calls for PPF administration levy reform
Defined Benefit

Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
Holly Roach
clock 03 July 2025 • 1 min read
DB transfer advice redress payments remain stable
Defined Benefit

DB transfer advice redress payments remain stable

First Actuarial says Q2 2025 redress remained at 5% of transfer value despite volatility

Jasmine Urquhart
Jasmine Urquhart
clock 02 July 2025 • 1 min read
Trustpilot