90% of DB schemes have set a long-term funding target

The first chapter of the firm's 2019 Global Pension Risk Survey, which was exclusive to PA's sister title Professional Pensions, looked at the funding targets of DB schemes and how they plan to reach their end goal. It revealed that more respondents (43%) were focused on self-sufficiency as their long-term funding target than buyout (35%). However, the survey - which runs every two years and questioned 170 industry members - also found that, while self-sufficiency was a target for more DB schemes, the proportion targeting buyout has increased from 27% to 35% since the previous survey....