Trustees urged to 'aim high' for buy-out costs

clock •

TRUSTEES are being urged to "aim high" when negotiating scheme wind-up payouts rather than relying on The Pensions Regulator to intervene.

Independent trustee Thomas Eggar director Vernon Holgate warned that trustees who failed to follow TPR’s benchmark and seek full buy-out costs were “playing into employers’ hands” and members’ bene...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Employee Benefits

First Actuarial adds healthcare to its employee benefit service range
Employee Benefits

First Actuarial adds healthcare to its employee benefit service range

Consultancy’s launch follows client demand for a ‘one-stop shop for employee benefits’

Jonathan Stapleton
Jonathan Stapleton
clock 22 May 2025 • 1 min read
Most employers offering pensions cash alternative, WTW finds
Employee Benefits

Most employers offering pensions cash alternative, WTW finds

Three quarters offer alternative to pensions for employees restricted by AA, WTW finds

Jasmine Urquhart
Jasmine Urquhart
clock 18 March 2025 • 2 min read
Benefex and Benify come together under single brand
Employee Benefits

Benefex and Benify come together under single brand

Benefex and Benify come together under single brand

Jonathan Stapleton
Jonathan Stapleton
clock 11 February 2025 • 1 min read
Trustpilot