'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 ...

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