Average DB scheme able to meet 93% of benefits, says LGIM

James Phillips
clock • 2 min read

A typical defined benefit (DB) scheme was able to meet 92.9% of its accrued pension rights as of 30 September, according to Legal & General Investment Management (LGIM).

The figure is 130 basis points (bps) higher than at the end of June, the asset manager said in its inaugural DB health tracker, which it has launched in a bid to improve scheme decision-making arou...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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