A guide to running off mature schemes

clock • 5 min read

John McAleer sets out four areas where a change in approach to managing mature pension funds could lead to better outcomes for members, trustees and sponsors.

Since the 2015 pension freedoms were introduced, the number of deferred members transferring out of UK defined benefit (DB) pension schemes has increased dramatically. Combined with recent reductio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Just four firms manage 80% of £1.1trn pension scheme assets

Just four firms manage 80% of £1.1trn pension scheme assets

LCP finds over half of new professional trustee appointments went to four firms since April last year

Jasmine Urquhart
clock 17 September 2025 • 3 min read
ONS estimates of very old increase in number

ONS estimates of very old increase in number

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

Jasmine Urquhart
clock 03 September 2025 • 2 min read
FTSE 350 firms face 'financial risk' from early DB surplus access

FTSE 350 firms face 'financial risk' from early DB surplus access

Barnett Waddingham says firms will miss out on additional value if they access surpluses too soon

Holly Roach
clock 18 July 2025 • 2 min read
Trustpilot