Mercer analysis finds increase in bond yields saw aggregate funding levels reach 111%
Barnett Waddingham says funding levels of FTSE 350 schemes have risen by 10%
Surplus increased to £69bn due to increases in bond yields and fall in rate of inflation
WTW estimates one in five schemes could be sufficiently well-funded to reach buyout
Analysis finds FTSE 350 DB schemes’ time to buyout has dropped to 4.7 years
Increase in surplus a result of bond yield increase and a fall in inflation expectations
Decrease in surplus due to falling bond yields and turbulence in the banking sector
Schemes saw a marginal increase in their surpluses following gilt market turmoil
Schemes grew from £1bn deficit in 2020 to £32bn surplus at the end of 2021
Hymans Robertson has compared the funding routes under TPR’s new regime