Fiduciary Management - UK

Our run-on solution

We know that the end game options for well-funded schemes with strong covenants are increasing, so we developed our run-on solution for just such schemes. It is intended to allow schemes to run-on productively, secure in the knowledge that the scheme will be managed by a highly experienced investment team and receive downside protection by a third-party insurer.

Surplus can be built up further and regularly released, used for the benefit of pensioners, current employees and/or the sponsor.

Quick facts about our run-on solution

It allows schemes to run-on in a risk-controlled way, building up a surplus to create additional value for sponsors, DB and DC scheme members.
The impact of funding shocks is mitigated because of funding protection provided by a major third-party insurer.
Assets are managed by an experienced fiduciary pensions team within a highly bespoke and conservative strategy.
The assets are invested to take advantage of investment growth, with a longer term objective of achieving a cost effective buy-out at a nominated point in the future (typically over 5-10 years).

Webinar

Your DB endgame doesn't have to be the end

Join our expert webinar to explore the pros and cons of run-on versus buyout for DB pension schemes, with insights, case studies, and guidance for trustees making retirement decisions.

Infographic

Potential for DB Surplus

Let's talk about the UK DB Surplus - at £150bn it’s already pretty substantial but our analysis shows that this is likely to grow to a considerable sum in the next 10 years. Schemes “running on” will become more commonplace and we are actively talking to clients about our innovative solution and the opportunities it offers a well-funded scheme.

New

Introducing our run-on solution

Not so long ago sponsors and trustee boards had few options beyond handing the entire scheme assets and liabilities to an insurer.

Now there are potentially attractive options, particularly for well-funded schemes. It doesn’t have to be the end and it’s not a game - introducing FM+

Front page of the FM+ article: For DB pension schemes that have untapped mileage.

Pension Surplus Calculator

Find out how much surplus your scheme could potentially achieve.

If you are a trustee, investment consultant or the sponsor of a UK defined benefit pension scheme we invite you to register for access to our new surplus calculator.

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Connect with our experts

Andre Keijsers

+44 79 23 24 35 37 a.keijsers@vanlanschotkempen.com

Vicky Casebourne

+44 20 36 36 94 18 v.casebourne@vanlanschotkempen.com

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Discover the full range of expertise and services our team offers. Visit our contact page to learn more about our dedicated professionals and how they can assist you.

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There’s a saying in Dutch, Kom verder, it means many things and it’s our business philosophy. It captures the way we work with clients but also the way we steer our investee companies to deliver shareholder value through active engagement.

Capital at risk. The value of investments and the income from them can fall as well as rise, and investors may not get back the amount originally invested. Past performance provides no guarantee for the future.

Van Lanschot Kempen Investment Management (UK) Limited is registered in England & Wales with registration number 02833264. Registered office at 20 Gracechurch Street, London, EC3V 0BG Tel: +44 (0)20 3636 9400. Van Lanschot Kempen Investment Management (UK) Ltd, is authorised and regulated by the Financial Conduct Authority (FCA) with reference number 166063.