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...

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 Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Multi-scheme buy-in deal, Aga Rangemaster appoints Schroders for FM brief, WTW research

Professional Pensions
clock 21 March 2025 • 1 min read
Pension organisations ranked by their Trustpilot scores

Pension organisations ranked by their Trustpilot scores

PP looks at the Trustpilot ratings of several UK pension organisations

Holly Roach
clock 21 March 2025 • 5 min read
Fragmentation and alignment issues 'undermining' asset stewardship

Fragmentation and alignment issues 'undermining' asset stewardship

Pensions for Purpose reports ‘inconsistencies’ in engagement and voting strategies

Holly Roach
clock 21 March 2025 • 1 min read
Trustpilot