Could surety bonds provide greater scheme security?

James Phillips
clock • 6 min read

A rarely-used insurance product guarantees the payment of DRCs in the worst-case scenario. James Phillips asks if it is appropriate for DB schemes

Defined benefit (DB) scheme trustees are paying more and more attention to the risk to their sponsor covenant, especially in the wake of major company failures over the past few years. In the ev...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Primula scheme signs £6.6m buy-in deal with PIC

Primula scheme signs £6.6m buy-in deal with PIC

Transaction secures the benefits of all 74 scheme members

Holly Roach
clock 27 January 2026 • 2 min read
Finnair secures £4m full scheme buy-in with Aviva

Finnair secures £4m full scheme buy-in with Aviva

The buy-in deal was converted to a buyout within two months of the initial transaction

Holly Roach
clock 26 January 2026 • 2 min read
Oxford Instruments scheme completes £213m buy-in with Royal London

Oxford Instruments scheme completes £213m buy-in with Royal London

BPA transaction secures the benefits of more than 1,600 members

Martin Richmond
clock 23 January 2026 • 2 min read
Trustpilot