Funding success has transformed the DB endgame. For trustees, preserving choice is only part of the challenge. "Optionality only matters if you can act on it," says Cyprian Njamma.
Nearly three quarters say ‘significant’ time spent on DB despite strong funding levels
Brightwell, USS and LGPS executives say robust governance is vital in current landscape
Draft rules pose practical challenges for sharing DB surplus with members
Advisers say schemes unlikely to wait for DWP consultation before making a move
LCP research finds 60% say potential for sponsor refunds should factor into scheme strategy
Long-term funding decisions mostly anticipated over the coming two years