DB sponsors fall short on Pensions Act understanding

Sponsors concerned DB schemes will impact dividends and corporate activity

Jasmine Urquhart
clock • 3 min read
Hymans Robertson report says more DB sponsors need to be aware of the Pension Schemes Act 2021 requirements
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Hymans Robertson report says more DB sponsors need to be aware of the Pension Schemes Act 2021 requirements

Defined benefit (DB) sponsors are falling short on their understanding of the Pension Schemes Act 2021, a report from Hymans Robertson finds.

The report - which surveyed 250 senior managers, chief financial officers and finance directors of firms with DB pensions - found two in five (40%) were not familiar with the act's requirements, wh...

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