FTSE 100 DB scheme funding levels remain 'strong' in February

LCP says endgame strategies remain ‘high’ on agenda amid ongoing strong funding levels

Martin Richmond
clock • 2 min read
FTSE 100 DB scheme funding levels remain 'strong' in February

The combined IAS19 funding level of the FTSE 100 defined benefit (DB) pension schemes remained “strong” at £60bn at the end of February, analysis by LCP shows.

The latest update from the consultancy's Pensions Explorer found as at 28 February, the IAS19 funding level of FTSE 100 DB schemes stood at around 120%, which corresponded to a surplus of £60bn. ...

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 Defined Benefit

PIC completed record level of new business premiums in 2024

PIC completed record level of new business premiums in 2024

Specialist DB insurer’s annual results showed it completed £8.1bn of new premiums last year

Martin Richmond
clock 18 March 2025 • 2 min read
Novell Tullett hires HS Trustees as sole trustee for complex micro scheme

Novell Tullett hires HS Trustees as sole trustee for complex micro scheme

Complexities in benefit and investment structure make wind-up ‘anything but trivial’

Jonathan Stapleton
clock 18 March 2025 • 2 min read
Partner Insight Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 18 March 2025 • 1 min read
Trustpilot