UK pension deficits cut by 61%

According to analysts, return on UK equities rose by 2% and long-dated bond yields by 0.2% in April, contributing £6 billion and £14 billion respectively to pension funds.

“The combination of rising stock markets and bond yields has been good news for pension schemes,” said Andrew Claringbold, principal at Aon Consulting. “Now 25% of pension schemes are fully funded on an FRS17 basis compared to fewer than 5% as at the start of the year.”

Under FRS17 rules in the UK, pension funds are required to calculate their liabilities using a discount rate based on AA-rated corporate bonds and to disclose them on the balance sheet.
  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: