Thu Mar 26 GMT (almost 2 years ago)
In your timezone (EST): Thu Mar 26 4:00am - Thu Mar 26 6:00am
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With a growing number of pensioners and recovery plan completions, many defined benefit (DB) pension schemes are starting to move into “needing to disinvest” assets in order to pay benefits. This poses far different challenges to investing in assets. At the same time, the Pensions Regulator is pushing schemes to think much harder about their long-term objectives...
Having a clear understanding of your long-term objectives can help you actively monitor your scheme's position and identify opportunities to move to your definitive goal more quickly.
Securing scheme member benefits and ongoing member obligations at an early stage can also reduce the time sponsors and trustees alike spend managing the scheme and allow more flexibility in doing so. Knowing this, a significant number of schemes are expected to have the long-term aim of securing benefits with an insurance company via a bulk annuity purchase.
Principal, Bulk , Annuity Consultant
Principal, Head of DB Endgame Strategy