FTSE 100 scheme surpluses rise to £42bn by end of 2023

LCP says FDs should incorporate the accounting implications of surpluses into strategic decisions early

Jonathan Stapleton
clock • 2 min read
Phil Cuddeford: FDs need to actively manage the messaging of accounting surpluses to the markets
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Phil Cuddeford: FDs need to actively manage the messaging of accounting surpluses to the markets

FTSE 100 defined benefit (DB) schemes posted an aggregate surplus for the fourth year in a row, latest research from Lane Clark and Peacock (LCP) shows.

The consultant's latest annual Accounting for Pensions report – The New Normal – showed the aggregate surplus sat at £42bn at 31 December 2023. It said some 80% of FTSE 100 companies now had an ...

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