DB surpluses maintained record levels in June, PwC finds

PwC says surpluses give schemes opportunity to benefit from advancements in AI

Martin Richmond
clock • 2 min read
DB surpluses maintained record levels in June, PwC finds

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes remained consistent across the month of June, analysis by PwC shows.

The consultancy's Low Reliance Index, which tracks the position of the UK's DB schemes based on a low-risk income-generating investment strategy and should prevent the scheme from having to call on...

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

Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Just Group
clock 19 November 2024 • 4 min read
SPP: DB funding code will create clarity between funding, covenant and investment

SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock 14 November 2024 • 1 min read
DB surpluses hit record £208bn in October, XPS finds

DB surpluses hit record £208bn in October, XPS finds

Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities

Holly Roach
clock 13 November 2024 • 1 min read
Trustpilot