Capital-backed journey plans offer key to PRT market

Punter Southall’s Matthew Claisse praises the adaptability of capital-backed journey plans

clock • 3 min read
Punter Southall head of capital-backed journey plan development Matthew Claisse
Image:

Punter Southall head of capital-backed journey plan development Matthew Claisse

Much has been spoken of the continued rise in defined benefit pension schemes’ funding levels and with it the growth in the buyout market, as schemes reach their ‘funding summits’ and can secure their members’ benefits in full, particularly after 2022’s surge in gilt yields.

In practice however, while very solid ground has been made - reports suggest almost £1trn has been wiped off liabilities - lots of challenges remain in what's an increasingly uncertain world with r...

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

With 118 million pension searches, can schemes afford to ignore TikTok?

With 118 million pension searches, can schemes afford to ignore TikTok?

Robert Cochran says industry must embrace social media if it is serious about engagement

Robert Cochran
clock 07 November 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Calls for changes to pension IHT plans, M&G ‘on track’ to launch with-profits BPA, all children to be taught financial literacy

Professional Pensions
clock 07 November 2025 • 1 min read
PP Investment Conference: Less than two weeks to go!

PP Investment Conference: Less than two weeks to go!

Event takes place in London on Wednesday 19 November

Professional Pensions
clock 07 November 2025 • 1 min read
Trustpilot