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
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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...

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