Average DB scheme able to meet 94% of benefits

Hope William-Smith
clock • 2 min read

A typical defined benefit (DB) scheme was able to meet 93.7% of its accrued pension rights as of 30 September this year, according to Legal & General Investment Management (LGIM).

The figures from the LGIM DB health tracker represent a drop of 1.3 percentage points on the previous quarter. The 93.7% figure from the asset manager is slightly higher than what the DB tracker...

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