XPS

XPS tracker shows DB pension surpluses broadly flat at £179bn last month

Solution will offer ‘wide-scale’ access to illiquid assets for small to medium DC schemes

XPS finds transfer activity levels have hit record lows four times in the past year

XPS finds aggregate DB funding levels remain ‘extremely positive’ on long-term target basis

XPS finds willingness of trustees and sponsors to work collaboratively

XPS says PPF could support viable DB schemes with insolvent sponsors to reach buyout

XPS finds transfer activity hit lowest levels since index’s inception in May 2018

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

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

Transfer values increased by 2.6% last month due to a fall in gilt yields