Most DB sponsors to increase use of professional trustees

Hymans Robertson finds sponsors open to alternative CDC and ‘DB lite’ options

Jasmine Urquhart
clock • 2 min read
Hymans Robertson's Leonard Bowman: If sponsors reevaluate their governance models, this could lead to "dynamic" change in the DB market
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Hymans Robertson's Leonard Bowman: If sponsors reevaluate their governance models, this could lead to "dynamic" change in the DB market

The majority (68%) of defined benefit (DB) sponsors expect to increase the use of professional independent trustees in the future, according to Hymans Robertson.

The survey of 250 senior managers and chief financial officers of DB sponsors last year found almost three quarters (72%) thought their scheme governance was fit for purpose to deliver a DB endgame...

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