DB pension surpluses up £65bn year-on-year, XPS finds

Aggregate surpluses reached £252bn this year, with ‘slight dip’ in funding levels last month

Jasmine Urquhart
clock • 1 min read
DB pension surpluses up £65bn year-on-year, XPS finds

Defined benefit (DB) pension surpluses remain at “record highs” with a £65bn year-on-year increase, analysis from XPS Group has shown.

The XPS DB:UK Funding Watch tracker found aggregate surpluses were estimated at £252bn based on long-term targets, up from £187bn the year prior, with scheme assets having "dipped slightly" in Nove...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

Spence & Partners publishes DB benchmarking report

ONS reveals 20-year gap in healthy life expectancy

More on Defined Benefit

Largest professional trustee firms overseeing nearly half of DB schemes
Defined Benefit

Largest professional trustee firms overseeing nearly half of DB schemes

Isio finds ten largest firms expect to manage two-thirds of DB schemes within five years

Martin Richmond
Martin Richmond
clock 07 May 2026 • 3 min read
Minority of DB schemes expected to move to buyout within five years, Aptia finds
Defined Benefit

Minority of DB schemes expected to move to buyout within five years, Aptia finds

Aptia research finds 31% say data quality is key factor when selecting endgame option

Martin Richmond
Martin Richmond
clock 07 May 2026 • 2 min read
TPR publishes annual funding statement 2026
Defined Benefit

TPR publishes annual funding statement 2026

Watchdog says most schemes should now be shifting their focus to endgame planning

Jonathan Stapleton
Jonathan Stapleton
clock 06 May 2026 • 3 min read
Trustpilot