Huge increase in number of DB schemes considering a PIE

Research found the number of DB trustees considering a PIE rose by 40% this year

Holly Roach
clock • 2 min read
Those considering partial transfers also increased to 42% from 9% the year prior
Image:

Those considering partial transfers also increased to 42% from 9% the year prior

The number of defined benefit (DB) scheme trustees considering a pension increase exchange (PIE) increased by 40% this year, according to Hymans Robertson.

The consultant's research revealed the number of DB trustees considering this option rose from 9% in 2020 to 49% this year. Those considering partial transfers also increased to 42% from 9% the ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Appointments

People Moves: Appointment at Insight Investment

People Moves: Appointment at Insight Investment

David McNeil joins the firm as head of responsible investment research

Professional Pensions
clock 08 August 2022 • 1 min read
David Saunders

Sackers announces seven promotions for 2022

Law firm makes moves across partner, associate director and senior associate roles

Hope William-Smith
clock 02 August 2022 • 1 min read
PPF makes new appointment to specialist admin panel

PPF makes new appointment to specialist admin panel

Quantum Advisory joins three companies who have been on panel since 2016

Martin Richmond
clock 02 August 2022 • 1 min read
Trustpilot