All defined benefit (DB) scheme sponsors are feeling the effects of the economic downturn. However, the charity sector is under particular pressure from the economic climate, its own demographic, the multi-employer DB regime and reform of the Local Government Pension Scheme (LGPS).
Under pressure Research from Carpenter Rees reveals that 70% of charities are concerned about their current deficit, and 57% have used their reserves to pay their liabilities. The survey of ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
