Covid-19 pushes endgame back by 18 months
Defined benefit (DB) schemes will have to wait an extra year and a half on average to agree a buyout compared to their pre-Covid-19 endgame journey plans, Barnett Waddingham estimates.
The consultancy said FTSE 350 DB schemes faced an average time to buyout of nine years and two months at the end of June 2020. This compares to eight years and two months at the end of 2019 and, allowing...
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