UK. Small firms exposed to pension fund risks, warns Goldman Sachs
The funding positions of company pension pots improved last year but smaller firms are not managing their risk exposures well, according to Goldman Sachs.
The US investment bank’s annual survey of FTSE 350 pension schemes found many were “in the best position they have been in for a long time” after funding levels improved. However, it cautioned smaller schemes demonstrated more volatile funding outcomes due to “a less robust” approach to risk management.
Goldman Sachs found the very smallest schemes were nearly 15pc less well-funded.
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