Record levels of scheme surpluses raise danger of them becoming 'trapped'

Sponsors urged to negotiate ‘robustly’ on funding assumptions and agreements

Jonathan Stapleton
clock • 2 min read
Record levels of scheme surpluses raise danger of them becoming 'trapped'

Positive investment performance during March has meant scheme surpluses for FTSE 350 sponsors have reached a new high, Capita Pension Solutions says.

The consultant's latest DB scheme funding tracker update found funding levels had improved from 110.8% at the end of February to 112.1% at the end of March – adding the aggregate surplus of FTSE350...

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