UK 'debt crisis' could reduce DB funding levels for well-funded schemes by 7%

Van Lanschot Kempen says crisis increasing deficits by £4m per £100m of liabilities could be on the cards

Jasmine Urquhart
clock • 2 min read
VLK says a "UK debt crisis" is on the cards and could affect DB schemes of all funding levels
Image:

VLK says a "UK debt crisis" is on the cards and could affect DB schemes of all funding levels

A UK ‘debt crisis’ could reduce the funding levels of well-funded defined benefit (DB) schemes by 7%, modelling by Van Lanschot Kempen finds.

The model analysing the impact of five future risk scenarios for well, medium and lower-funded schemes found such a crisis could increase deficits for well-funded schemes by £4m per £100m of liabil...

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 Risk Reduction

Church of Scotland secures £75m multi-scheme buy-in deal with Just Group

Church of Scotland secures £75m multi-scheme buy-in deal with Just Group

Transaction covers two schemes and three sections sponsored by the Church of Scotland

Holly Roach
clock 18 March 2025 • 2 min read
LCP predicts over 300 buy-in deals will be completed in 2025

LCP predicts over 300 buy-in deals will be completed in 2025

Growth being driven by streamlined services for smaller schemes

Jonathan Stapleton
clock 14 March 2025 • 2 min read
Fuller's scheme completes full buy-in with Legal & General

Fuller's scheme completes full buy-in with Legal & General

Pub and hotel group said move demonstrates its financial strength and reduces liabilities

Jonathan Stapleton
clock 13 March 2025 • 1 min read
Trustpilot