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The future of DB pension schemes

The future of DB pension schemes

11 April 2024 Solutions
A panel discussion hosted by Insight in March 2024 focused on the future of UK defined benefit (DB) pension schemes, and covered the environment for DB schemes today, the implications of the current government consultation on DB options, and answered a wide range of questions on the practical implications for schemes.

Panel participants

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Sir Steve Webb
Partner, LCP   
Paul Kitson
Actuary and UK Head of Pensions Consulting at EY
Simon Daniel
Partner in the Pension Practice at Eversheds Sutherland
“If surplus extraction, pension run-on, new
flexibilities, new underpins are of value and interest
to you, they will not happen unless you tell the
government.”
“We are definitely sensing a real move among CFOs
from buy-out being the gold standard to…some
recognising that the game has changed, and that in
fact there may be another way.”
“Where I’ve seen some of the healthiest discussions
take place…is when people decide to think about the
assumption, that has perhaps come from their
advisers over the years, that buy-out is what they
are aiming for and they must do.”
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Read an edited transcript of the discussion here
480 kb
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