DB schemes happier with investment consultants than DC - NAPF

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Defined benefit (DB) pension schemes are more satisfied with their investment consultants (83%) than defined contribution (DC) plans (79%), according to the National Association of Pension Funds (NAPF).

The survey of 250 pension funds also found the majority of schemes would recommend their consultant to a scheme with similar needs. The research showed the average tenure of a DB consultancy has...

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