db surplus

Industry lines up to praise DB surplus moves as long as right guardrails are in place

Sources tell Sky News and FT the move could unlock more than £60bn held in DB schemes

Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities

Industry says Reeves must ensure speech is not a ‘missed opportunity’ for UK economic growth

XPS finds the aggregate surplus of UK DB schemes hit £186bn last month

Consultancy praised the ‘prolonged period of strong funding levels’

PwC’s Buyout Index showed DB surpluses of £280bn during August

Accounting deficit across firm’s two DB schemes reduced from £54.8m to £45.4m

LCP says level of surplus presents schemes with ‘exciting opportunities’

Surpluses are increasingly seen as an opportunity to run on schemes