Private sector DB deficits rise year on year from falling bond yields

Stephanie Baxter
clock

Deficits of defined benefit (DB) pension schemes have worsened year on year as a result of critically low bond yields, according to JLT Employee Benefits' monthly index.

The collective deficit of the FTSE 100 companies increased to £72bn up to 30 November from £65bn last year. This meant funding levels dropped to 88% from 89%. Liabilities rose from £567bn to £613bn...

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 Risk Reduction

Trustees favour sponsor loans and secondary market sales for BPA transactions

Trustees favour sponsor loans and secondary market sales for BPA transactions

Standard Life says most are considering a sponsor loans to manage illiquid assets

Jasmine Urquhart
clock 01 April 2025 • 1 min read
Englass Pension Scheme completes £12m buy-in with Just Group

Englass Pension Scheme completes £12m buy-in with Just Group

Transaction insures the benefits of all 100 members of the scheme

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Lloyds completes two longevity hedging transactions valued at £5.1bn

Lloyds completes two longevity hedging transactions valued at £5.1bn

Third and fourth transactions protect schemes from cost of unexpected increases to life expectancy

Holly Roach
clock 31 March 2025 • 3 min read
Trustpilot