DB schemes in £358bn surplus under 'more realistic' discount rate

Stephanie Baxter
clock • 2 min read

The UK's 5,945 defined benefit (DB) schemes have an overall funding ratio of 133% under realistic investment return assumptions, according to First Actuarial.

Despite much talk in the industry about deficits, the firm found they actually have an aggregate surplus of £358bn as of 30 September when looking at best estimate expected returns on the underlyin...

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