DB surpluses climb to record highs in September, PwC finds

Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets

Martin Richmond
clock • 2 min read
DB surpluses climb to record highs in September, PwC finds

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes climbed to a new record in September, analysis from PwC shows.

The latest research from the consultancy's Buyout Index, which tracks the position of the UK's DB schemes against an estimated cost of insurance buyout, revealed the surplus rose to £300bn last mon...

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