Lack of action on long-term DB funding targets

Research found just 24% of professional DB trustees have set a long-term funding target

Holly Roach
clock • 1 min read
A quarter say they will set targets in the next 12 to 24 months
Image:

A quarter say they will set targets in the next 12 to 24 months

Three quarters of professional defined benefit (DB) trustees are yet to set a long-term funding target, according to research by Charles Stanley Fiduciary Management.

The firm found while almost half (47%) of professional DB trustees expect to set a target within the next 12 months, more than three quarters (76%) have not yet done so. A further 25% say it wil...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: PMI appoints data insight partner

Tender Watch: PMI appoints data insight partner

Mortality Monitor webinars will help with member information, modelling, mortality rates and de-risking

Professional Pensions
clock 11 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
Trustpilot