The combination of increasing costs, market uncertainty, persistently low bond yields and maturing member profiles has made it difficult for defined benefit pension schemes to materially improve funding levels. A growing governance and regulatory burden adds to the complexity involved.
As a result, it is becoming increasingly difficult for employers and scheme trustees to meet the many challenges on the road ahead.
Read our whitepaper “Defined Benefit Pensions– Navigating the challenges” which outlines our key thoughts and themes for the year ahead to help you along this journey.
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