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 ...

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

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
TPR's DB funding code comes into force

TPR's DB funding code comes into force

DB schemes with actuarial valuation dates on or after 22 September should use the code

Holly Roach
clock 12 November 2024 • 2 min read
PPF sees aggregate surpluses rise by £9.1bn in October

PPF sees aggregate surpluses rise by £9.1bn in October

Lifeboat fund’s index finds surplus rose to £485.1bn from £476bn at the end of September

Martin Richmond
clock 12 November 2024 • 3 min read
Trustpilot