Run-on

Sector welcomes the additional clarity but warns ‘the devil will be in the detail’

Launch comes as Pension Schemes Act marks a step towards a new DB surplus regime

Rosie Twist asks how trustees should consider the differences between their options

Run-on becomes ‘dominant’ endgame option, Howden acquires Hymans IFS team, M&G illiquid asset transfer

Research shows 70% of the largest DB schemes targeting run-on compared to 4% targeting buyout

Horizon helps test the economics of running on and to design and optimise strategies

PP survey finds no industry agreement on whether DB surplus plans will encourage schemes to run-on

Deal will see Aberdeen receiving a minority share of any surplus generated

UK schemes shift from recovery to readiness as stronger funding brings endgame into focus

Insight Investment says DB surplus release policy could achieve ‘much more’