Risk management drive shaves £12m off Henry Boot scheme liabilities

Jenna Towler
clock

Henry Boot shaved £10m to £12m off its pension liabilities last year through an enhanced transfer value exercise and switching to RPI indexation, results show.

The property and construction firm also revealed it undertook a pension increase exchange exercise and capped future salary increases for active members at 1% per annum, with any balance going into...

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

Fall in number of DB schemes granting discretionary pension increases

Fall in number of DB schemes granting discretionary pension increases

Aon research finds 4% reduction in number of schemes that offered increases in 2024 compared to 2023

Martin Richmond
clock 21 August 2025 • 4 min read
Partner Insight: Understanding pension captives

Partner Insight: Understanding pension captives

AON
clock 18 August 2025 • 1 min read
Partner Insight: Navigating credit allocations for buy-in - why Getting it right matters now

Partner Insight: Navigating credit allocations for buy-in - why Getting it right matters now

Lucy Barron, Investment Partner, Aon
clock 13 August 2025 • 3 min read
Trustpilot