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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Bank of England hikes rates to 4% in first rise since 2023

Bank of England hikes rates to 4% in first rise since 2023

MPC Committee votes 8-1 to raise interest rates

Michael Nelson
clock 05 November 2026 • 3 min read
Higher pay still leaves one in five at risk of retirement inadequacy, says PPI

Higher pay still leaves one in five at risk of retirement inadequacy, says PPI

Employer contributions emerge as key driver of different outcomes between earning groups

Alex Levy
clock 05 November 2026 • 2 min read
BTPS funding improves with deficit falling by £1bn

BTPS funding improves with deficit falling by £1bn

BT will need to provide £282m of additional funding to ensure scheme remains on track to reach full funding by 2030

Holly Roach
clock 05 November 2026 • 1 min read
Trustpilot