FTSE 350 DB aggregate surplus falls by £12bn in December

Mercer finds DB funding levels saw improvements over the course of last year

Martin Richmond
clock • 2 min read
FTSE 350 DB aggregate surplus falls by £12bn in December

The aggregate surplus of FTSE 350 defined benefit (DB) schemes fell by £12bn in December 2023, research from Mercer has shown.

The latest data from the consultancy's Pensions Risk Survey of the funding levels of the FTSE 350 DB schemes, which calculates their funding positions using IAS19, found the aggregate surplus decre...

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

DB surplus extraction is an appealing concept to most, PLSA survey finds

DB surplus extraction is an appealing concept to most, PLSA survey finds

Changes to governing rules driving reconsideration of endgame plans

Holly Roach
clock 20 March 2025 • 2 min read
DB pension risks 'weigh heavily' on UK balance sheets

DB pension risks 'weigh heavily' on UK balance sheets

LawDeb finds most see pension scheme as having risks alongside cyber threats

Jasmine Urquhart
clock 19 March 2025 • 1 min read
TPR Funding Code of Practice 'perfect opportunity' for in-depth DB review

TPR Funding Code of Practice 'perfect opportunity' for in-depth DB review

Hymans Robertson says code prompts DB valuations to comply

Jasmine Urquhart
clock 18 March 2025 • 1 min read
Trustpilot