A record number of defined benefit (DB) schemes are now in surplus – but while endgame ambitions are rising, so too is insurer selectivity.
According to new research from LexisNexis® Risk Solutions, conducted in partnership with Professional Pensions, nearly half of schemes are targeting a buyout, yet 83% have still to secure an insurer. With the balance of power shifting towards insurers, data quality is becoming a decisive factor.
Trustees who fail to prioritise data readiness risk being left behind. Missing or inaccurate information can lead to inflated assumptions in pricing or even refusal to quote. In contrast, schemes with clean, complete and verified data can move faster, secure better terms, and build confidence in negotiations.
In a buyers' market, high-quality data isn't just good governance – it's a competitive advantage.
