DB deficits shrink by £43bn in February

Kristian Brunt-Seymour
clock • 2 min read

Total funding levels of defined benefit (DB) pension schemes have improved since January despite volatile markets and low interest rates, according to JLT Employee Benefits.

The consultant's latest monthly numbers showed the deficit for all private sector pension scheme including FTSE companies had fallen by £43bn from £252bn on 31 January to £209bn on 29 February. The...

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

More on Defined Benefit

Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Think tank makes series of recommendations for DB surplus extraction

Think tank makes series of recommendations for DB surplus extraction

SMF’s report reveals potential benefits are ‘large’, but much ‘remains unknown’

Holly Roach
clock 02 April 2025 • 3 min read
XPS issues funding and investment guide for DB schemes

XPS issues funding and investment guide for DB schemes

Six-part series covers long-term strategy, covenant, investments and valuations

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Trustpilot