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...

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