DB members with weak employers face 50% chance of benefits cut

Holly Roach
clock • 2 min read

Defined benefit (DB) scheme members with weaker employers face a 50% chance of a cut in benefits due to sponsor insolvency, according to Hymans Robertson.

The consultant warned covenant risk "is far higher than many DB schemes realise", noting members with B rated sponsors face the risk of a cut in benefits due to their sponsoring employer going inso...

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