Schemes have 'low confidence' in employer strength

LCP finds ‘significant number’ of DB trustees have low confidence in medium-term strength of employer

Jasmine Urquhart
clock • 2 min read
Schemes have 'low confidence' in employer strength

A “significant number” of defined benefit (DB) scheme trustees have “low confidence" in the medium-term strength of their sponsoring employer, Lane Clark & Peacock (LCP) has found.

Early results from LCP's annual ‘Chart Your Own Course' survey found almost half of respondents thought they would not be able to rely on their employer's survival for more than ten years, with one...

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