DB liabilities outstrip GDP by £200bn

clock •

Private sector defined benefit (DB) pension schemes have total liabilities of over £2trn, according to figures published today.

This is the first time DB liabilities have outpaced gross domestic product (GDP) which stands at £1.8trn, the research from Hymans Robertson showed. The reasons for this are ultra-low long term ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Natasha Browne

View profile
More from Natasha Browne

Equity market turmoil a wake-up call for schemes mid-valuation

FTSE350 deficits fall 7% despite market volatility

More on Defined Benefit

Sponsoring employers facing less pressure after 'radical' funding improvements
Defined Benefit

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier
Defined Benefit

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions' DB Funding Index
Defined Benefit

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
Jonathan Stapleton
clock 04 April 2025 • 1 min read
Trustpilot