Endgame delays could be costing DB schemes 'millions' in lost surplus

Endgame inertia may pose a greater risk than market volatility for well-funded schemes

Jonathan Stapleton
clock • 3 min read
VLK's Calum Edgar and Jonathan Craddock
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VLK's Calum Edgar and Jonathan Craddock

Trustee inertia is overtaking market volatility and funding shortfalls as one of the biggest risks facing many well-funded defined benefit (DB) schemes, analysis from Van Lanschot Kempen (VLK) Investment Management finds.

The fiduciary manager said that, with funding positions improved and buyout pricing volatile, trustees of well-funded schemes are postponing endgame plans. But it said that delaying a decision, ...

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