Kunal Sood

Standard Life finds half of DB trustees also think funding code and trapped surplus are barriers

Provider has published its predictions for the BPA market for the rest of the year

Standard Life finds barriers include market volatility and investment strategy

Insurer expects a total market of £40bn for 2023 and targets investment of £300m a year

Improved funding levels have prompted trustees to reduce illiquid asset allocations

Majority of DB trustees will approach insurer about de-risking in the near future

Larger transactions likely to become ‘bread and butter’ of risk reduction market

Insurer believes volatility has led to improved funding and higher sponsor appetite for deals

PP brings together all the people moves in the pensions industry over the past week