DB schemes responding to challenges, but is it enough?

From the blog: Defined benefit pension schemes are showing greater sophistication in their approaches to risk and improving their funding levels, but the challenging wider economic environment is hampering efforts.

Consultancy Aon Hewitt's latest 'Global Pension Risk Survey' has shown schemes have put greater focus on objectives and shifted away from risky assets, but low gilt yields have pushed up the cost of future liabilities and slowed progress towards funding objectives.

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