FTSE 100 pension scheme surpluses remain 'strong' at £60bn, says LCP

Consultancy finds continued surpluses generating ‘appetite’ for run-on

Martin Richmond
clock • 1 min read
FTSE 100 pension scheme surpluses remain 'strong' at £60bn, says LCP

The combined IAS19 pension surplus for the UK pension schemes of FTSE 100 companies remained “robust” in the first quarter of the year, research from Lane Clark & Peacock (LCP) shows.

Analysis by the consultancy's Pensions Explorer revealed as at 31 March 2024, the combined surplus stood at £60bn. Despite the surplus falling from the £70bn figure recorded in the final quarter 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

XPS issues funding and investment guide for DB schemes

XPS issues funding and investment guide for DB schemes

Six-part series covers long-term strategy, covenant, investments and valuations

Jasmine Urquhart
clock 31 March 2025 • 1 min read
Tender Watch: Access LGPS pool reappoints Waystone as operator

Tender Watch: Access LGPS pool reappoints Waystone as operator

£52bn LGPS pool reappoints Waystone as operator

Professional Pensions
clock 26 March 2025 • 1 min read
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
Trustpilot