Funding code and regs expected to apply to scheme valuations from September
PwC and XPS analysis find funding levels remain high despite narrow falls in surpluses
Increasing number of schemes considering run-on as an option
PwC finds over the last year, more than half of DB schemes saw asset values fall 20-40%
Mercer calls for relaxation of surplus access rules while PwC records £215bn surplus
PwC urged schemes to ensure data is ‘trade ready’ before considering a transaction
Aon tracker shows a fall in DC while PwC finds DB schemes had a £330bn surplus last month
Aggregate surplus of UK pension schemes rose over May as gilt yields increased
PwC’s buyout index saw DB scheme surpluses increase to £160bn in April
However, analysis finds DB schemes are resilient and have enough assets for buyout