FTSE 100 surpluses increased to £65bn in October

LCP’s Pensions Explorer notes impact of Budget on sponsor costs and pension decision-making

Jasmine Urquhart
clock • 1 min read
FTSE 100 surpluses increased to £65bn in October

Funding levels for FTSE 100 defined benefit (DB) schemes rose in October to around £65bn, Lane Clark & Peacock (LCP) says.

The consultancy's Pensions Explorer found strong funding levels at the end of the month, combined with increased company costs following the Budget, could mean sponsors "exploring all options for c...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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