Combined DB surplus hit 'record' £265bn in January

PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout

Holly Roach
clock • 3 min read
Combined DB surplus hit 'record' £265bn in January

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes reached a “record” high of £265bn in January, PwC analysis has found.

The firm's Buyout Index revealed funding reached highs during January following an increase in long-term gilt yields which reduced the estimated cost for schemes to buyout. For comparison, the f...

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