DC contributions surpass FTSE350 DB sponsor payments for first time

Barnett Waddingham says £8.1bn paid into DB schemes was a result of higher funding levels

Jasmine Urquhart
clock • 1 min read
Barnett Waddingham says higher funding levels have reduced DB deficit contributions
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Barnett Waddingham says higher funding levels have reduced DB deficit contributions

Contributions to defined contribution (DC) schemes have surpassed those from FTSE350 defined benefit (DB) schemes for the first time, analysis from Barnett Waddingham has found.

The analysis of FTSE350 companies in the 12 months to 31 May 2024 found £8.1bn was paid into DB schemes, while £9.9bn was paid into DC schemes over the same period. The consultant said DB paymen...

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