Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
In light of the recent market correction and heightened volatility, Stephanie Baxter explores whether schemes should consider downside protection strategies
The funding levels of smaller schemes fell at a rate nearly five times faster than their larger peers, latest analysis by Goldman Sachs Asset Management reveals.