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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

    SteveWebb_298x250px.jpg PaulKitson_298x250px.jpg SimonDaniel_298x250px.jpg
    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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