Members of struggling defined benefit schemes could lose out on £150m of benefits unless the trustees take control of their investment strategy, a consultant warns.
Hewitt Associates said volatile markets had severely affected asset values, while constraints on liquidity and cashflow meant additional deficit contributions were out of the question for an increa...
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 for 12 months, 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
