'New high' as DB schemes reach 98.4% funding

The health of UK DB schemes has steadily improved since the start of Covid-19

clock • 2 min read
'New high' as DB schemes reach 98.4% funding

The health of UK defined benefit (DB) pension schemes reached a new high in the fourth quarter of 2021, with schemes able to fund 98.4% of benefits.

Legal & General Investment Management's (LGIM) DB health tracker, a monitor of the current health of UK DB pension schemes, found that the average DB scheme saw a rise of 0.1 percentage points from...

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