Just five companies account for half of total £40bn FTSE 100 pension surplus

LCP says surpluses are ‘unevenly distributed’ but represent a ‘huge opportunity’ for firms

Holly Roach
clock • 3 min read
Just five companies account for half of total £40bn FTSE 100 pension surplus

FTSE 100 defined benefit (DB) pension surpluses are “unevenly distributed” with just five companies accounting for half the total surplus, LCP says.

The consultancy's Accounting for Pensions report revealed just a handful of companies account for half the total combined surplus of FTSE 100 schemes – which sat at £40bn at year end 2024 – with su...

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: Unlocking Opportunities - How Trustees Are Navigating Surplus Reforms and Embracing Buy-in Strategies

Partner Insight: Unlocking Opportunities - How Trustees Are Navigating Surplus Reforms and Embracing Buy-in Strategies

The UK’s Defined Benefit (DB) pensions landscape is entering a transformative phase.

Claire Altman, Managing Director of BPA & Individual Retirement at Standard Life
clock 17 December 2025 • 3 min read
Ridsdale scheme completes £7m buy-in with Just Group

Ridsdale scheme completes £7m buy-in with Just Group

Deal secures benefits of 22 pensioners and eight deferred members

Jasmine Urquhart
clock 16 December 2025 • 2 min read
TPR DB landscape report shows continuing decline in scheme numbers

TPR DB landscape report shows continuing decline in scheme numbers

Regulator reveals 74% of DB schemes are now closed to future accrual with just over 5,000 schemes remaining

Holly Roach
clock 16 December 2025 • 3 min read
Trustpilot