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FTSE 350 DB pension scheme analysis published

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Published on: 10 December 2020

Published by LNB News

LNB News 10/12/2020

Document Information

Issue Date: 10 December 2020

Published Date: 10 December 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Hymans Robertson has published its annual FTSE 350 pension analysis on defined benefit (DB) pension schemes from a business’ perspective. The report sets out the effect of the coronavirus (COVID-19) pandemic on DB funding plans in the short term and how having a recovery plan shorter than seven years in length will significantly reduce this impact. The report also discusses the future-reaching impact of covenant risk on DB endgames and the benefit of having an effective plan B to reduce this risk.

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