Delivering good retirement outcomes for workplace defined contribution (DC) members might not necessarily correspond to the cheapest option.
WTW estimates one in five schemes could be sufficiently well-funded to reach buyout
A focus on price certainty avoids a slip between cup and lip in volatile markets
Proposals could give flexibility for the sponsors of smaller and struggling schemes
Hymans Robertson’s Richard Wellard looks at the journey to buyout for DB schemes
LGIM discusses ways for defined benefit (DB) schemes to build a stable liquidity pool, while balancing future returns and considering the importance of deep liquidity in light of the significant gilt market volatility of 2022.
With volatility likely to persist, an active approach remains critical
Transfers fell by almost 12% in April, according to analysis
Two year gilt yields have risen to 4.48%, the highest level since last September’s peak