DB surpluses remain at 'record levels', XPS says

November shows aggregate surplus at around £211bn, with a record 117% funding level

Jasmine Urquhart
clock • 1 min read
DB surpluses remain at 'record levels', XPS says

Defined benefit (DB) pension surpluses have remained at “record levels” in November, according to XPS Group.

The consultancy said the aggregate surplus of UK pension schemes based on long-term targets has remained positive at around £211bn, up from £205bn in October. The aggregate funding level of DB s...

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