Administrators 'need a seat at the table' to discuss buyout

Industry expert noted administrators have a ‘big role’ in the buyout journey

Holly Roach
clock • 1 min read
Emma Watkins spoke at the PASA annual conference yesterday
Image:

Emma Watkins spoke at the PASA annual conference yesterday

Pension scheme administrators “need a regular seat at the table” when discussing the journey to buyout, according to Scottish Widows managing director Emma Watkins.

Speaking yesterday (3 May) at the Pensions Administration Standards Association's (PASA) annual conference, Watkins said while the move to buyout "is not instantaneous and could take months or even...

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 Industry

News Digest: Pension savers hit by £4.7bn salary sacrifice tax grab

News Digest: Pension savers hit by £4.7bn salary sacrifice tax grab

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 27 November 2025 • 1 min read
Budget 25: No change to tax-free lump sum is 'welcome' move

Budget 25: No change to tax-free lump sum is 'welcome' move

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

Holly Roach
clock 26 November 2025 • 3 min read
Industry slams salary sacrifice changes as 'counterintuitive' and 'deeply misguided'

Industry slams salary sacrifice changes as 'counterintuitive' and 'deeply misguided'

The industry has responded to the chancellor’s decision to cap salary sacrifice for pensions at £2,000

Holly Roach
clock 26 November 2025 • 10 min read
Trustpilot