Deficit position of DB schemes improves to £15.1bn

clock

The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £15.1bn in February.

The deficit stood at £51.9bn at the end of January. The lifeboat fund said sheme funding is better than it was a year previously when there was a deficit of £204.7bn. The total deficit of sc...

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

2025 to be 'key year' for schemes considering endgame

2025 to be 'key year' for schemes considering endgame

Aon says recent developments mean trustees and sponsors may have changed their approach to endgame

Martin Richmond
clock 15 April 2025 • 2 min read
DB schemes continue to be in surplus in March despite number of challenges, PwC finds

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

Consultancy warns schemes facing number of challenges following recent market volatility

Martin Richmond
clock 11 April 2025 • 3 min read
Charity DB schemes' positive funding levels to encourage focus on endgame planning

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
clock 10 April 2025 • 3 min read
Trustpilot