DB funding

XPS finds slight rise in long-term gilt yields led to increase in the aggregate surplus

Mercer finds DB funding levels saw improvements over the course of last year

Barnett Waddingham finds average time to buyout reached its highest level in December 2023

Analysis shows fully hedged scheme funding remained stable while 50% hedged schemes saw a 2% drop

XPS research finds overall funding positions fell by around £28bn during December

LCP analysis shows funding positions remained ‘broadly unchanged’ in Q4 2023

Funding position of 50% hedged schemes climbed to 98.3% nearing self-sufficiency

PwC and XPS analysis find funding levels remain high despite narrow falls in surpluses

Mercer analysis finds £68bn FTSE 350 DB surplus means mergers could be rethought

Analysis finds number of tranche 16 schemes in deficit fell by 12%