
A pension captive is an arrangement used by a company to manage the assets and insure the liabilities of defined benefit pension schemes in its corporate group. This aims to generate a new stream of cashflows and profits for the company, as well as simplify governance and reduce operational costs. This also allows the pension scheme to be wound-up, with scheme members' benefits secured with an external insurer.
In this latest document (accessed via the form below), Aon share further insights to what a pension captive involves to help you identify if this solution could be appropriate for you.