More and more defined benefit pension schemes are finding themselves in the wonderful position of being well funded and able to afford an insurance buy-out transaction. Being in such a position is indeed great news, but it also opens up a number of options for well-funded, strong-covenant schemes, with sponsors willing to remain engaged for a longer term.
As custodians of pension assets for future
generations, trustees might consider alternative long term funding solutions. We explore this in our latest video.