Barclays net pension surplus rises by nearly £1bn

The group’s IAS 19 net pension surplus was £4.5bn as at December 2022, up from £3.6bn

Holly Roach
clock • 1 min read
Barclays net pension surplus rises by nearly £1bn

Barclays Bank Group’s IAS 19 net pension surplus across all schemes as at 31 December 2022 was £4.5bn, an almost £1bn increase since 2021, its annual results revealed.

The firm's results showed the surplus of its schemes as £4.5bn, up from £3.6bn in December 2021. For comparison, in December 2020 the surplus was £1.6bn. The group's main scheme, the UK Retireme...

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