FTSE 350 surplus soars to record high of nearly £80bn

Despite positive picture, the tightening of credit spreads is growing risk

Jonathan Stapleton
clock • 2 min read
FTSE 350 surplus soars to record high of nearly £80bn

The aggregate surplus across company accounts of FTSE 350 pension funds soared to £79bn in May 2024, the highest level ever recorded according to Mercer research.

The consultancy's pensions risk survey found that bond yields fell slightly over May while the market's expectation for inflation stayed broadly level and equity markets performed well – changes th...

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

Partner Insight: Protecting trustees after wind-up

Partner Insight: Protecting trustees after wind-up

Susannah Calder, Partner, Aon
clock 11 December 2024 • 5 min read
One-third of UK schemes still to decide endgame targets despite improved funding

One-third of UK schemes still to decide endgame targets despite improved funding

Pension funds also increasingly willing to consider run-on or run-off

Jonathan Stapleton
clock 11 December 2024 • 6 min read
Partner Insight: Run-on – Buying time to buyout

Partner Insight: Run-on – Buying time to buyout

Leah Evans, Partner, Aon
clock 09 December 2024 • 4 min read
Trustpilot