It’s been ten years since we began tracking covenant support for defined benefit pension schemes across the FTSE 350. But despite the billions paid into schemes since 2006, our Pensions Support Index (PSI) shows support to be no better – and nearly twice as many schemes show worryingly low scores.
In this PSI update, read more on:
With the UK now heading for ‘Brexit’ following the EU Referendum, the PSI is essential reading for trustees and companies alike.
“Trustees and companies need to understand how their covenant will be impacted. There will be winners and losers – you will need to know which group you are in and what to do about it."