Lack of action on long-term DB funding targets

Research found just 24% of professional DB trustees have set a long-term funding target

Holly Roach
clock • 1 min read
A quarter say they will set targets in the next 12 to 24 months
Image:

A quarter say they will set targets in the next 12 to 24 months

Three quarters of professional defined benefit (DB) trustees are yet to set a long-term funding target, according to research by Charles Stanley Fiduciary Management.

The firm found while almost half (47%) of professional DB trustees expect to set a target within the next 12 months, more than three quarters (76%) have not yet done so. A further 25% say it will happen...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

The report also found 25% would consider a CDC master trust for both accumulation and decumulation

CDC support grows; one fifth of businesses considering use

The ACA said interest in CDC is growing, spurred by the Royal Mail CDC scheme

Holly Roach
clock 06 December 2021 • 2 min read
Tender Watch: Isio, XPS and Mercer win contracts

Tender Watch: Isio, XPS and Mercer win contracts

Isio will support Birmingham Uni, Mercer aids Solent Uni, and XPS hired for Northants Police

Professional Pensions
clock 06 December 2021 • 1 min read
Hope William-Smith looks at the year ahead for professional trustees

2022: Another year in the hot seat

Professional trustees are expecting governance and regulation to dominate the new year

Hope William-Smith
clock 06 December 2021 • 12 min read
Trustpilot