DB surpluses climb to record highs in September, PwC finds

Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets

Martin Richmond
clock • 2 min read
DB surpluses climb to record highs in September, PwC finds

The pension surplus of the 5,000 UK corporate defined benefit (DB) schemes climbed to a new record in September, analysis from PwC shows.

The latest research from the consultancy's Buyout Index, which tracks the position of the UK's DB schemes against an estimated cost of insurance buyout, revealed the surplus rose to £300bn last mon...

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: Generating real value for members and sponsor with a protected run-on solution

Partner Insight: Generating real value for members and sponsor with a protected run-on solution

With over 5,000 defined benefit schemes in the UK, we recognise that one solution doesn’t fit all when it comes to considering end game options beyond transferring the entire scheme assets and liabilities to an insurer. Yet now, more than ever for well-funded...

Andre Keijsers, Van Lanschot Kempen Investment Management
clock 10 October 2024 • 4 min read
DB transfer compensation sinks to record low in Q3

DB transfer compensation sinks to record low in Q3

Broadstone says redress values have continued to ‘tick down’ in 2024

Martin Richmond
clock 08 October 2024 • 2 min read
PPF aggregate surplus rises slightly in September

PPF aggregate surplus rises slightly in September

Funding ratio increases to 148.4%, with total assets at £1,458.8bn

Jasmine Urquhart
clock 08 October 2024 • 3 min read
Trustpilot