The pandemic led to a notable increase in defined benefit (DB) pension trustees lengthening their recovery end dates in 2021, according to Hymans Robertson.
The consultancy's annual benchmarking report found almost half of all DB pension schemes (45%) submitting valuations last year lengthened their recovery plan end date, with just over a fifth extend...
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