12 August 2024
5 min
Actuary & Head of Pensions Consulting for Charities
Actuarial Trainee Consultant
We've analysed the top 40 charities in England and Wales (by income) who sponsor a DB Scheme. Charity income is on the rise and has now exceeded pre Covid-19 levels. At the same time, the pension scheme funding levels have also improved significantly.
In our 2024 report, we consider what this will mean for charities and the schemes they sponsor, and outline the following recommendations:
Charities should explore endgame options for their DB schemes, prioritising member interests.
Charities and trustees must comply with the new DB funding code, focusing on employer covenant and staying up-to-date on relevant regulations.
Charities should manage DB scheme projects efficiently, with a clear path to streamline costs and minimise time for tasks like GMP equalisation and data review.
Download our report using the form below to read our findings. If you have any questions about anything covered, or would like to discuss anything further, please get in touch.
You can access the form here.
We pride ourselves on being thought leaders and are constantly discussing the many issues facing and shaping up our industry. Sign up to find our current thinking on topical issues.
Opens in new window Subscribe
