The movements in private sector defined benefit and hybrid pension scheme assets, liabilities, and derivatives between 31 December 2022 and 31 March 2023, suggest schemes continued to reduce borrowing (deleveraged), likely in response to the increases in gilt yields seen in late September to early October 2022.
The value of repurchase agreement (repo) liabilities decreased by £27 billion (18%) between 31 December 2022 and 31 March 2023.
Estimates suggest that there were fewer swaps contracts as at 31 March 2023 than 31 December 2022, that both negative and positive swaps derivative balances fell during this time, and the net swaps balance reduced (became less negative) by £9 billion.
Investment choices of financial institutions based on financial transactions (investments and disinvestments), including balance sheet data for short-term assets and liabilities, and income and expenditure data.
Results from the new Financial Survey of Pension Schemes, which collects data from occupational pension schemes in the UK from April 2019. Results include employer and employee contributions, benefits, transfers, assets and liabilities.
Using information from the national accounts, this article addresses 2 questions of interest for the UK economy: how much money is there in funded pensions and insurance and how has this picture changed over time?
Contributions to private (non-state) pensions. Private pensions considered are: occupational schemes for private sector and public sector employees; and personal pensions, including group personal and stakeholder pensions.