Is now the time for pension trustees and employers to act on scheme security?

Mike Birch says trustees need a clear plan to take advantage of current funding positions

clock • 4 min read
Mike Birch is a client director at Vidett
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Mike Birch is a client director at Vidett

For most defined benefit (DB) pension schemes, funding positions have never been better. This is a reason for action rather than complacency as the environment could change, certainly over the timeframes of DB schemes. Pension trustees should have a clear plan to take advantage of current positions.

Setting and delivering a strategic plan is in everybody's interests – trustees, members and sponsoring employers. Removing volatility in what has traditionally been a key corporate liability involv...

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