Employer 'proactivity' needed to avoid trapped surplus

Hymans Robertson says sponsors need plans to ensure efficient utilisation of surplus

Jasmine Urquhart
clock • 1 min read
Hymans Robertson says employers need to ensure a surplus plan is in place following improved funding levels
Image:

Hymans Robertson says employers need to ensure a surplus plan is in place following improved funding levels

Employers need to be more “proactive” to ensure they have appropriate plans in place for utilising surplus, Hymans Robertson says.

In its latest discussion paper on corporate valuations, the consultancy said firms with defined benefit (DB) schemes could remove the risk of having trapped surplus by using escrow arrangements, co...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Most DB pension schemes now have a professional trustee

Most DB pension schemes now have a professional trustee

Aon says number of professional trustees expected to rise for most DB schemes

Jasmine Urquhart
clock 07 June 2024 • 1 min read
Broadstone: 50% hedged scheme approaches full funding

Broadstone: 50% hedged scheme approaches full funding

Broadstone Sirius Index finds fully hedged scheme reaches 68% funding

Jasmine Urquhart
clock 06 June 2024 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 06 June 2024 • 1 min read
Trustpilot