FTSE 350 DB funding reached record levels in May

Surplus increased to £69bn due to increases in bond yields and fall in rate of inflation

Martin Richmond
clock • 3 min read
FTSE 350 DB funding reached record levels in May

FTSE 350 defined benefit (DB) schemes recorded a record surplus over the month of May, Mercer research finds.

The latest data from the consultancy's pensions risk survey found the accounting surplus of the DB schemes of the 350 largest listed companies increased to £69bn, compared to a £51bn surplus at the...

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