Sharp rise in number of small schemes reaching full buyout funding

2023 Purple Book analysis shows 50% rise in number of schemes with 100% buyout funding ratio

Martin Richmond
clock • 2 min read
Sharp rise in number of small schemes reaching full buyout funding

Over two-thirds of defined benefit (DB) schemes with less than 100 members have reached full buyout funding in 2023, research from Broadstone has shown.

Analysis by the consultancy of this year's Purple Book, published by the Pension Protection Fund, revealed 68% of small DB schemes reached buyout funding ratios over 100% this year, an increase of ...

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

More on Defined Benefit

Tender Watch: Utmost Life and Pensions appoints Atos

Tender Watch: Utmost Life and Pensions appoints Atos

Partnership means digital transformation firm will lead cloud transformation journey

Professional Pensions
clock 13 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Aon predicts further rise in UK BPA market for 2025

Aon predicts further rise in UK BPA market for 2025

Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn

Jasmine Urquhart
clock 28 January 2025 • 2 min read
Trustpilot