FTSE 350 DB scheme funding levels increase by £13bn

Increase in surplus a result of bond yield increase and a fall in inflation expectations

Martin Richmond
clock • 1 min read
FTSE 350 DB scheme funding levels increase by £13bn

The funding levels of FTSE 350 defined benefit (DB) schemes increased by £13bn over the course of April, research from Mercer shows.

Data from the consultancy's pension risk survey found the accounting surplus for the DB schemes of the 350 largest listed companies increased to £51bn, a £13bn increase compared to the end of March...

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