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...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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