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

News Digest: Pension scheme crisis: Cabinet Office sets out 'enforcement' plan

News Digest: Pension scheme crisis: Cabinet Office sets out 'enforcement' plan

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 08 July 2026 • 1 min read
M&G launches campaign to help savers see how pensions are working for them

M&G launches campaign to help savers see how pensions are working for them

PruFunded campaign will use real-world examples to show how savings can support businesses

Holly Roach
clock 07 July 2026 • 1 min read
Nest publishes 2026 pay gap report

Nest publishes 2026 pay gap report

Report shows reductions in master trust’s gender and ethnicity pay gaps

Martin Richmond
clock 07 July 2026 • 3 min read
Trustpilot