'Glaring gaps' in DB schemes' wind-up processes

Hymans report says leaving wind-up activity to last minute is creating problems for schemes

Holly Roach
clock • 2 min read
Hymans Robertson partner Jo Gyte
Image:

Hymans Robertson partner Jo Gyte

The buy-in process being completed quicker than expected is creating “glaring gaps” for defined benefit (DB) pension schemes’ wind-up processes, according to Hymans Robertson.

The firm's latest paper suggested leaving wind-up activity to the last minute is creating "numerous problems" for schemes. The consultancy said in recent years, many schemes have completed full ...

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

What will the 2025 LGPS valuations have in store?

What will the 2025 LGPS valuations have in store?

Rob Bilton says the 2025 valuations will not just be about numbers

Rob Bilton
clock 12 June 2025 • 4 min read
Partner Insight: Endgame strategies for DB schemes

Partner Insight: Endgame strategies for DB schemes

Aon
clock 11 June 2025 • 1 min read
Average time to buyout falls to record low in May, Barnett Waddingham finds

Average time to buyout falls to record low in May, Barnett Waddingham finds

DB End Gauge Index reveals average time to buyout for FTSE 350 schemes fell to 3.6 years last month

Martin Richmond
clock 10 June 2025 • 1 min read
Trustpilot