Could surety bonds provide greater scheme security?

James Phillips
clock • 6 min read

A rarely-used insurance product guarantees the payment of DRCs in the worst-case scenario. James Phillips asks if it is appropriate for DB schemes

Defined benefit (DB) scheme trustees are paying more and more attention to the risk to their sponsor covenant, especially in the wake of major company failures over the past few years. In the ev...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

Utmost Life and Pensions enters BPA market with £20m buy-in deal

Utmost Life and Pensions enters BPA market with £20m buy-in deal

Utmost’s ‘thoughtful entry’ into the BPA market ensured a ‘streamlined process’

Holly Roach
clock 13 November 2024 • 1 min read
Mechanical and electrical scheme powers £2m full buy-in with Legal & General

Mechanical and electrical scheme powers £2m full buy-in with Legal & General

Bulk annuity transaction secures benefits of 16 pensioners and three deferred members

Martin Richmond
clock 08 November 2024 • 2 min read
FTSE 100 surpluses increased to £65bn in October

FTSE 100 surpluses increased to £65bn in October

LCP’s Pensions Explorer notes impact of Budget on sponsor costs and pension decision-making

Jasmine Urquhart
clock 08 November 2024 • 1 min read
Trustpilot