DB surpluses dropped by more than half in March

However, analysis finds DB schemes are resilient and have enough assets for buyout

Jasmine Urquhart
clock • 3 min read
XPS and PwC analysis showed funding fell in March
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XPS and PwC analysis showed funding fell in March

The aggregate surpluses of UK defined benefit (DB) schemes fell in March, according to analysis by XPS Pensions Group.

The latest edition of the XPS UK:DB Funding Tracker, which tracks the funding of DB schemes on a long-term basis, showed that surpluses more than halved to £25bn in March. Over the last month, f...

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