db surplus

XPS finds the aggregate surplus of UK DB schemes hit £186bn last month

Consultancy praised the ‘prolonged period of strong funding levels’

PwC’s Buyout Index showed DB surpluses of £280bn during August

Accounting deficit across firm’s two DB schemes reduced from £54.8m to £45.4m

LCP says level of surplus presents schemes with ‘exciting opportunities’

Surpluses are increasingly seen as an opportunity to run on schemes

Naomi Brown says the question of surplus return to employers is complex

Aggregate defined benefit (DB) funding levels have improved to over 130% resulting in over 80% of DB schemes now being in surplus.*

Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members

Brightwell CEO says trustees and sponsors must be clear on surplus flexibility rules