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

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Defined Benefit

DB endgame strategies 'not yet set in stone'

DB endgame strategies 'not yet set in stone'

WTW finds 57% of schemes plan to review their endgame strategy in the next two years

Martin Richmond
clock 28 May 2026 • 5 min read
DB scheme covenant risk rising due to global volatility, LCP finds

DB scheme covenant risk rising due to global volatility, LCP finds

Survey shows 49% of respondents say covenant risk has risen over the last 12 months

Martin Richmond
clock 28 May 2026 • 1 min read
Amount of extractable DB surplus likely to be below expectations, PPI says

Amount of extractable DB surplus likely to be below expectations, PPI says

Institute’s report says scale of surplus accessible remains ‘uncertain’

Martin Richmond
clock 27 May 2026 • 4 min read
Trustpilot