Gilt yields fall by 0.1% in June causing scheme surpluses to fall back

Aggregate surplus of UK schemes fell over June to £131bn, down from £140bn in May

Holly Roach
clock • 1 min read
Gilt yields fall by 0.1% in June causing scheme surpluses to fall back

Surpluses of UK defined benefit (DB) pension schemes have fallen back in June as a result of a slight fall in gilt yields over the month, according to XPS Pensions Group analysis.

The consultanc­y's DB:UK Funding Watch revealed the aggregate surpluses of schemes decreased over June to £131bn, compared to £140bn at the end of May. The decrease, according to XPS, came as lo...

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