Smaller DB schemes 15 points less well-funded with 'less robust' risk management

Kim Kaveh
clock • 2 min read

Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.

The firm analysed the difference between funding levels of schemes with under £100m of assets and funding levels of schemes with over £5bn of assets, finding aggregate positions of just under 90% a...

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