DB surpluses climb to record highs in September, PwC finds

Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets

Martin Richmond
clock • 2 min read
DB surpluses climb to record highs in September, PwC finds

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes climbed to a new record in September, analysis from PwC shows.

The latest research from the consultancy's Buyout Index, which tracks the position of the UK's DB schemes against an estimated cost of insurance buyout, revealed the surplus rose to £300bn last mon...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB scheme funding further improves in September, Broadstone finds

DB scheme funding further improves in September, Broadstone finds

Consultancy says DB funding levels have seen steady ‘positive progression’

Martin Richmond
clock 06 October 2025 • 1 min read
Avon Pension Fund confirms LPPI as new pooling partner

Avon Pension Fund confirms LPPI as new pooling partner

Scheme shift follows KPMG supported review of options

Jonathan Stapleton
clock 29 September 2025 • 2 min read
£6.1bn Devon Pension Fund to join LPPI pool

£6.1bn Devon Pension Fund to join LPPI pool

Move follows reform process which will see eight LGPS pools consolidate to six

Jonathan Stapleton
clock 24 September 2025 • 2 min read
Trustpilot