The funding ratio of German DAX 40 company pension schemes rose to a record 90.8 per cent at the end of H1 2026, up from 87 per cent at the end of 2025, the highest level since records began, according to analysis by WTW Germany.

The firm reported that MDAX companies also saw a significant improvement in their funding level from 69.6 per cent at the end of 2025 to 73.2 per cent at the end of the first half of 2026




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Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda

Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

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