Legislative change drives pension scheme de-risking innovation
Rising defined benefit (DB) scheme surpluses are leading an increasing number of UK businesses to get them off the balance sheet, but and new pension legislation is creating new options for executives and trustees.
While insurance company buyouts are the preferred choice for many, innovative approaches are making many reconsider whether there is potential to not just pay members their promised benefits, but also safely release surpluses for the benefit of sponsoring employers.
Existing legislation only permits DB schemes to rele... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
