Exploring the advantages of BPA value share arrangements

Argyll Covenant’s Paul Galpin and Richard Hall explore the ‘new type of BPA structure’

clock • 6 min read
Argyll Covenant's Paul Galpin and Richard Hall
Image:

Argyll Covenant's Paul Galpin and Richard Hall

There has been no shortage of employers and trustees wanting to transfer their defined benefit (DB) pension obligations to an insurer, viewed by many as the “endgame”.

This allows the employer to sever links with what is a potential source of risk and trustees to find a secure home for members' benefits, wholly independent of the covenant of the employer.  But...

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 Risk Reduction

Samworth Brothers scheme secures £400m buy-in with Canada Life

Samworth Brothers scheme secures £400m buy-in with Canada Life

Transaction secures the benefits of over 7,000 scheme members

Holly Roach
clock 02 September 2026 • 3 min read
Clara agrees second small schemes superfund deal with £40m pension fund

Clara agrees second small schemes superfund deal with £40m pension fund

Transaction will see more than 400 members join the Clara Pension Trust

Jonathan Stapleton
clock 02 September 2026 • 2 min read
Rothesay reports 'robust' first half business volumes in 'dynamic' PRT market

Rothesay reports 'robust' first half business volumes in 'dynamic' PRT market

Insurer says it generated new business premiums of £2.8bn in first six months of 2026

Jonathan Stapleton
clock 01 September 2026 • 1 min read
Trustpilot