Survey finds majority of CFOs frustrated by pension schemes

The majority of north American CFOs think that, despite improved stock market performance, pension schemes are having a negative impact on corporate finances, according to a survey by SEI Investments. The survey shows that, during the year since they were last interviewed, CFOs have become even more frustrated by the burden of pension schemes. Of the 100 CFOs interviewed, 76% said pension schemes were proving detrimental to corporate finances, up from 61% a year ago.