PP DB Funding Index

Funding ratio increases to 146.1%, with total assets at £1.4trn

Funding ratio increased to 143.9% from 142.8% at the end of December, with 4,451 schemes in surplus

PwC said increase in long-term gilt yields reduced estimated cost for schemes to buyout

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

Increasing number of schemes considering run-on as an option

PPF 7800 index reveals slight fall following volatile month for long-dated gilt yields

Possibility of higher-than-expected inflation raises fears of liability rise

Aggregate surplus of UK pension schemes rose over May as gilt yields increased

Decrease in surplus due to falling bond yields and turbulence in the banking sector

However, analysis finds DB schemes are resilient and have enough assets for buyout