DB surpluses remained strong in July

PwC’s Buyout Index showed a £210bn surplus for DB schemes in July

Jasmine Urquhart
clock • 2 min read
PwC's Buyout Index showed continued surpluses for DB
Image:

PwC's Buyout Index showed continued surpluses for DB

Surpluses of UK defined benefit (DB) pension schemes amounted to £210bn in July, according to PwC’s latest Buyout Index.

At the end of last month, funding ratios were at 118%, a rise from the 113% the previous month. Its Low Reliance Index, which assumes schemes invest in low-risk, assets and are unlikely to call ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Tender Watch: PMI appoints data insight partner

Tender Watch: PMI appoints data insight partner

Mortality Monitor webinars will help with member information, modelling, mortality rates and de-risking

Professional Pensions
clock 11 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
Trustpilot