Superfunds a strong 'plan B' in case of sponsor insolvency

Pensions lawyers say superfunds should be an alternative to buyouts or the PPF

Hope William-Smith
clock • 2 min read
The majority of law firms surveyed believed schemes would prefer consolidating
Image:

The majority of law firms surveyed believed schemes would prefer consolidating

Defined benefit funds with weak sponsors are “overwhelmingly” likely to consider superfunds as the most suitable path forward to preserve scheme stability, Willis Towers Watson says.

Its survey of 11 pension law firms found the majority (9 out of 11) believed schemes would prefer consolidating to establishing an insurer led buyout or entering the Pension Protection Fund (PPF). ...

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

More on Defined Benefit

Tender Watch: Utmost Life and Pensions appoints Atos

Tender Watch: Utmost Life and Pensions appoints Atos

Partnership means digital transformation firm will lead cloud transformation journey

Professional Pensions
clock 13 February 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 11 February 2025 • 1 min read
Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

Combined IAS19 surplus of FTSE 100 companies rises to £70bn in January

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

Jasmine Urquhart
clock 07 February 2025 • 1 min read
Trustpilot