DB giants have average funding level of 98%

James Phillips
clock • 3 min read

Two in five defined benefit (DB) schemes with over £1bn of assets have an accounting surplus or zero balance, according to research by Barnett Waddingham.

This is compared to 57% which have a deficit on the same measure, although this is down from 67% in 2016. On average, the funding level across all schemes with more than £1bn assets was 98% on t...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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