Defined Benefit

Video: Sarah Smart, chair of the trustee board at the Pensions Trust, says its fiduciary management set-up has outperformed its target at lower risk than budgeted for, and explains how the scheme monitors this arrangement (5:56).

                      

The scheme currently has a target in its Growth Plan section of liabilities plus 2.5 per cent a year, net of fees.

Produced and edited by Maxine Kelly, filmed by Rod Fitzgerald

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