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 • 1 min read
DB surpluses hit record £208bn in October, XPS finds

The surpluses of defined benefit (DB) pension schemes rose to a record £208bn in October, analysis by XPS Group shows.

The consultancy's DB:UK Funding Watch revealed the surplus of DB schemes grew by £21bn as at 31 October from £187bn at the end of September, largely driven by a rise in long-term gilt yields and a ...

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