Pensions consultancy Punter Southall shows gaps remain between trustee knowledge and understanding, in particular, about the economic downturn.
Jane Beverley, principal and head of research at Punter Southall, said: "Knowledge and understanding will be critical success factors in effective funding negotiations second time around.
"Trustees should consider undertaking focused training and corporate decision-makers might now wish to consider improving their understanding of pensions issues to ready themselves for what is likely to be a much more difficult round of valuations."
Employees complain their skills are not being used in rules and procedure-based cultures
Half of UK pension scheme trustees do not know how the recession is impacting their funding position, although 60% get regular updates from their actuarial organisation.
