How the funding of defined benefit pension schemes is changing
More schemes are in surplus, with an aggregate surplus of £455.5bn seen in March
PwC research says it is ‘critical’ for schemes to assess full range of options for their endgame
Sponsors urged to negotiate ‘robustly’ on funding assumptions and agreements
Funding ratio increases to 146.1%, with total assets at £1.4trn
Funding ratio increased to 143.9% from 142.8% at the end of December, with 4,451 schemes in surplus
PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout
XPS research finds overall funding positions fell by around £28bn during December
Increasing number of schemes considering run-on as an option
PPF 7800 index reveals slight fall following volatile month for long-dated gilt yields