Improving pensions and returning surplus: the best of both worlds?
Asymmetries in the DB pension scheme funding regime have driven many schemes to de-risk and ultimately encouraged a mindset of buy-out at all costs.
But the shifting landscape means running on your scheme could become more attractive, providing significant benefits to members and sponsors by sharing surpluses. This generally applies to schemes over approximately £100m in assets.
To help ensure you select the right option for your scheme, we hosted "Improving pensions and returning surplus: the best of both worlds?", with BW’s experts Ian Mills, Ali Tayyebi and Ben Clacker being joined by guest host Isabel France from A&O Shearman.
Watch the webinar on demand below
This one-hour webinar explores why many schemes have rightly adopted a de-risking mindset, but why this might not be ideal going forward. By adopting a new approach, we demonstrate how better financial outcomes can potentially be delivered for all stakeholders, members and sponsor alike.
Our speakers deliver new and valuable insight into the actuarial, administration, investment and legal considerations of running-on a scheme beyond full buy-out funding, maximising value and preserving benefit security, to ensure you have a sound grounding in key issues and choose the right path for your scheme. We also introduce BW’s brand-new proposition to help schemes build up surplus assets and get the best outcome for all stakeholders.
All larger closed DB schemes will either already be in surplus or will be in future. So, utilising your surplus for positive financial outcomes whilst safeguarding the security of members’ benefits is arguably the most important challenge currently facing both trustees and scheme sponsors.