Charity Benchmarking Report 2022
DB pension funding in the charitable sector
29 Sep 2022
The last few years have been tough for charities. The COVID-19 pandemic put fundraising and retail income under a significant financial strain, and increased demand for some charitable services.
2022 hasn’t been easier with the Ukraine-Russia war and huge increases in the cost of living resulting in new calls for support in many areas, as well as continued strains on fundraising.
Some of our key findings are:
How should charities respond?
- Consider accessing COVID-19 flexabilites to defer pension contributions
- Prepare for a new DB funding regime in 2021
- Consider DB consolidation options.
Download our report to read the full findings. If you have any questions about anything covered, please get in touch.
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