Significant numbers of trustee boards are failing to sufficiently and proactively monitor their sponsor covenants, Mercer research shows.
The consultant's Trustee Survey - of 119 schemes and more than 800 trustees - found 37% of respondents carried out formal covenant monitoring once a year or less. In terms of communicating with ...
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
