Current market turbulence will put final salary pension schemes renewed pressure from sponsors who are "reluctant" to underwrite such volatile liabilities, Hargreaves Lansdown says.
The financial advice firm also said scheme members who have not de-risked their pension portfolio may have to defer retirement or accept a lower income. However, many pension investors are a lo...
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
