Members of struggling defined benefit schemes could lose out on £150m of benefits unless the trustees take control of their investment strategy, a consultant warns.
Hewitt Associates said volatile markets had severely affected asset values, while constraints on liquidity and cashflow meant additional deficit contributions were out of the question for an increa...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date