Hundreds of small schemes 'completely oblivious' to buyout proximity

K3 says trustees of many small schemes are unaware they are within reach of buyout

Holly Roach
clock • 2 min read
Hundreds of small schemes 'completely oblivious' to buyout proximity

Swathes of pension scheme trustees are “completely oblivious” of the fact they are within reach of buyout, K3 Advisory warns.

The firm urged trustees to "take action" as it revealed hundreds of small defined benefit (DB) pension schemes could be unaware of their proximity to being able to afford to buyout their scheme's l...

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

DB funding levels see 'gradual progression' in August

DB funding levels see 'gradual progression' in August

Broadstone Sirius Index data shows 50% hedged scheme funding levels reached 99.6%

Martin Richmond
clock 05 September 2024 • 1 min read
Partner Insight: Why the race to be DB 'market ready' is challenging trustees

Partner Insight: Why the race to be DB 'market ready' is challenging trustees

The latest survey of over 100 Professional Pensions readers offers insight on surplus challenges, market volatility and the race to buyout

Professional Pensions
clock 03 September 2024 • 2 min read
Broadstone publishes DB scheme settlement options report

Broadstone publishes DB scheme settlement options report

Consultancy finds scheme funding levels have put ‘renewed impetus’ on endgame planning

Martin Richmond
clock 29 August 2024 • 5 min read
Trustpilot