Persimmon schemes post funding level of 135%; Costain suspends 'dividend parity' plan

Firms post increase in surpluses following changes in discount rate assumptions

Jonathan Stapleton
clock • 2 min read
Stone Cross Mansion is a housing development by Persimmonin in Ulverston
Image:

Stone Cross Mansion is a housing development by Persimmonin in Ulverston

Persimmon has published its full year results to 31 December 2024, revealing an increase its funding level to around 135%.

The housebuilder – which operates two defined benefit (DB) schemes; the Persimmon Plc Pension & Life Assurance Scheme and the Prowting Pension Scheme – said its DB pension assets had increased from...

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

Partner Insight: Why many schemes aren't as data ready as they think

Partner Insight: Why many schemes aren't as data ready as they think

LexisNexis® Risk Solutions
clock 04 December 2025 • 1 min read
XPS launches small DB scheme buyout solution

XPS launches small DB scheme buyout solution

XPS Catalyst designed to tackle the main barriers for small schemes

Martin Richmond
clock 03 December 2025 • 1 min read
TPT appoints independent advisers to DB superfund

TPT appoints independent advisers to DB superfund

Provider appoints four organisations to serve as advisers to DB superfund trustee board

Martin Richmond
clock 02 December 2025 • 2 min read
Trustpilot