DB pension funding in the charitable sector - charity benchmarking report 2023

The last few years have been tough for charities. The rising cost of living has resulted in new calls for support in many areas, as well as continued strains on fundraising.

Many charities are also experiencing wage pressure from high inflation, as well as recovering from other recent challenges including Covid-19 and the ongoing Russia-Ukraine war.

Some of our key findings are:

How should charities respond?

• Consider risk transfer options.

• Understand the impact of high inflation on their scheme.

• DB funding code of practice - which route should you use?

Download our report to read the full findings. If you have any questions about anything covered, please get in touch.