Con Keating

From the blog: Insolvency of the sponsoring employer is rare - however, as it is the principal risk to occupational DB pension schemes, it now dominates the management of pension funds.

 

In essence, there are two views of the purpose of a scheme and fund.

 

In the first, the scheme and fund exist to provide security for members’ accrued benefits and defray the employer’s cost of pension provision.

 

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