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

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 Defined Benefit

Pension Schemes Bill to unlock potential £600bn superfund market

Pension Schemes Bill to unlock potential £600bn superfund market

LCP says simplified gateway tests open up superfund opportunity to half of schemes

Jasmine Urquhart
clock 16 June 2025 • 1 min read
Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial

Tender Watch: Trustees of Sumitomo scheme appoint First Actuarial

First Actuarial appointed to provide actuarial and administration services

Professional Pensions
clock 09 June 2025 • 1 min read
FIF25: Opportunities with DB pensions

FIF25: Opportunities with DB pensions

No ‘one size fits all’ approach to endgame, with changing allocations within DB schemes

Jasmine Urquhart
clock 04 June 2025 • 1 min read
Trustpilot