Combined FTSE 100 scheme surplus surpasses £65bn

LCP says scheme funding levels improved during November

Holly Roach
clock • 1 min read
Combined FTSE 100 scheme surplus surpasses £65bn

The combined IAS 19 pension surplus of the pension schemes of FTSE 100 companies increased last month to more than £65bn, Lane Clark & Peacock (LCP) analysis finds.

The consultancy's Pensions Explorer revealed funding of these schemes improved during November. It said the improvement followed the launch of M&G's "value share" bulk purchase annuity (BPA) pro...

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