The combined impact of the UK’s three national lockdowns has led to a tripling in the number of FTSE 350 firms with a weaker ability to support their defined benefit (DB) schemes, says PwC.
The financial services firm's Pension Support Index (PSI) found that 17% of these sponsors had a score of 60 or below, which suggests a lower level of support to any DB schemes. The index gives ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
