Responding to market conditions: Actions for pension scheme sponsors
Responding to market conditions: Actions for pension scheme sponsors
15 Sep 2022
XPS Express for Employers - September 2022
The cost-of-living crisis and broader economic environment are providing employers with several challenges and pension opportunities.
Businesses and organisations are having to manage the impact of rising costs on their operations and needing to look at interventions to support employees. However, there is one area where there is some good news.
For defined benefit (DB) pension schemes, these market conditions have typically led to meaningful improvements in their funding positions. Most employers have moved from having to manage funding deficits to being close to longer term targets.