UK finance chiefs say DB schemes remain time-consuming

Nearly three quarters say ‘significant’ time spent on DB despite strong funding levels

Alex Levy
clock • 1 min read
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Almost half (48%) of senior finance decisionmakers at UK businesses with a defined benefit (DB) scheme say they could devote more time to core business priorities if the scheme was off their books, according to new research from Standard Life.

Research from the insurer also revealed that 74% said the level of time associated with managing their DB scheme was ‘significant', even as funding levels have improved across the board. The lat...

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