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...

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