Just one in six schemes report long-term covenant damage

Holly Roach
clock • 3 min read

Just one in six (16%) of schemes believe the Covid-19 pandemic has weakened their sponsor’s ability to support them in the long term, research by Willis Towers Watson finds.

Despite this, the consultant's research - which questioned 129 defined benefit trustee and corporate representatives - revealed that, alongside the 16% who reported long-term covenant damage, 35% o...

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