Charities see 'significant improvement' in DB scheme funding levels

Hymans report reveals funding levels have grown to 99% from 81% five years ago

Holly Roach
clock • 2 min read
Charities see 'significant improvement' in DB scheme funding levels

UK charities have seen “significant improvement” in the funding levels and income of their defined benefit (DB) pension schemes, according to Hymans Robertson.

A report by the consultancy revealed the combined reserves of the largest 40 charities in England and Wales that sponsor DB pension schemes have now reached £50bn, up from £39bn in 2019. Also, f...

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 Industry

WSB Awards 2025 - Enter now!

WSB Awards 2025 - Enter now!

The 13th anniversary WSB Awards will be presented in London on 10 September

Workplace Savings and Benefits
clock 03 April 2025 • 2 min read
Industry welcomes extension of TPR oversight to professional trustee firms

Industry welcomes extension of TPR oversight to professional trustee firms

Industry welcomes extension of TPR oversight to professional trustee firms

Martin Richmond
clock 03 April 2025 • 5 min read
First Actuarial calls for 'fairer' Financial Ombudsman Service

First Actuarial calls for 'fairer' Financial Ombudsman Service

Organisation says pension redress sitting at ‘historic low’

Holly Roach
clock 03 April 2025 • 1 min read
Trustpilot