FTSE 350 DB aggregate surplus sees narrow growth in March

Mercer analysis finds surplus grew by £7bn and aggregate funding levels rose to 111%

Martin Richmond
clock • 2 min read
FTSE 350 DB aggregate surplus sees narrow growth in March

The aggregate surplus of FTSE 350 defined benefit (DB) schemes experienced a narrow increase in March, analysis by Mercer has shown.

The latest data from the consultancy's Pensions Risk Survey, which looks at the funding levels of the FTSE 350 DB schemes and calculates their funding positions using IAS19, revealed the aggregate ...

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

Average DB transfer complainant to receive no compensation

Average DB transfer complainant to receive no compensation

Broadstone’s DB Redress Tracker shows typical redress compensation continues to fall

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Tender Watch: SYPA appoints Northern Trust as custodian

Tender Watch: SYPA appoints Northern Trust as custodian

LGPS pool appoints Northern Trust as custodian for South Yorkshire Pension Fund

Professional Pensions
clock 09 January 2025 • 1 min read
PPF publishes first PPF 7800 Index following methodology revamp

PPF publishes first PPF 7800 Index following methodology revamp

Substantial downward revision in aggregate funding position but DB outlook ‘encouraging’

Jonathan Stapleton
clock 10 December 2024 • 4 min read
Trustpilot