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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PPF publishes first PPF 7800 Index following methodology revamp

PPF publishes first PPF 7800 Index following methodology revamp

Substantial downward revision in aggregate funding position but DB outlook ‘encouraging’

Jonathan Stapleton
clock 10 December 2024 • 4 min read
FCA fines adviser £1.4m over unsuitable DB pension transfers

FCA fines adviser £1.4m over unsuitable DB pension transfers

Philip Pryke exposed clients to ‘significant’ risk of financial detriment

Isabel Baxter
clock 29 November 2024 • 2 min read
Tender Watch: LGPS funds seek pension administration software provider

Tender Watch: LGPS funds seek pension administration software provider

Multi-provider framework agreement sought in support of the LGPS

Professional Pensions
clock 28 November 2024 • 1 min read
Trustpilot