COMPANIES Pension trustees are scrambling to meet unprecedented volatility in their assets and liabilities as market changes challenge the governance structure of many schemes, a survey due to be released on Monday by Hewitt Associates will say.
The survey, which looked at 114 employers – mostly in the UK and US – found that four out of five schemes surveyed expect to have to increase contributions to their pension funds after the next actuarial valuation. Two-thirds say that the additional financing will be manageable.
