Schemes in 'denial' over dependence on 'once-a-century' equity performance to close funding gaps

Jonathan Stapleton
clock • 2 min read

Underfunded defined benefit (DB) pension schemes in the UK are over-dependent on historically improbable equity returns, analysis by Willis Towers Watson reveals.

The consulting firm's research found the average underfunded UK DB scheme requires equities to return 9% above cash rates on an annual basis for the whole of the next decade, or face significant de...

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