The number of private sector defined benefit (DB) and hybrid pension schemes and their memberships continued to fall in 2020/21, according to data from The Pensions Regulator.
Markets will see volatility ramp up next year as central banks intensify the fight against inflation, according to an Australian pension fund with A$65 billion ($46 billion) under management that’s still sticking with a wager on stocks.
Defined benefit plan funded status is still up for the year, but there are several factors plan sponsors should consider as they set their risk tolerance for the rest of the year and into 2022.