DB funding

Mercer analysis finds surplus grew by £7bn and aggregate funding levels rose to 111%

PwC research says it is ‘critical’ for schemes to assess full range of options for their endgame

Consultancy finds continued surpluses generating ‘appetite’ for run-on

Mercer analysis finds surplus has remained broadly consistent over a two-year period

Sirius Index analysis reveals scheme deficit levels remained broadly unchanged

Rise in gilt yields caused funding levels for 50% hedged schemes to grow by almost 1%

PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout

XPS finds slight rise in long-term gilt yields led to increase in the aggregate surplus

Mercer finds DB funding levels saw improvements over the course of last year

Barnett Waddingham finds average time to buyout reached its highest level in December 2023