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
Image:

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...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

'Common vision' essential when considering run-on, says Hymans Robertson

'Common vision' essential when considering run-on, says Hymans Robertson

Consultancy says lack of shared vision could lead to wasted time and money

Martin Richmond
clock 17 June 2024 • 3 min read
Most DB pension schemes now have a professional trustee

Most DB pension schemes now have a professional trustee

Aon says number of professional trustees expected to rise for most DB schemes

Jasmine Urquhart
clock 07 June 2024 • 1 min read
Broadstone: 50% hedged scheme approaches full funding

Broadstone: 50% hedged scheme approaches full funding

Broadstone Sirius Index finds fully hedged scheme reaches 68% funding

Jasmine Urquhart
clock 06 June 2024 • 1 min read
Trustpilot