DB schemes to pay out third of a trillion pounds in next three years

James Phillips
clock • 2 min read

Defined benefit (DB) schemes are set to shear themselves of over £300bn of liabilities between 2019 and 2021 as they continue to mature, Mercer predicts.

The investment consultancy said a combination of payments to aging members, bulk annuity deals, member transfers, and tax-free lump sums would lead to the significant figure. The consequence is ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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