Agreement enables the firm’s DC contributions to be funded from the DB surplus
Firm says schemes are ‘reconsidering’ strategies
Deal is first superfund transaction to be conducted with an active sponsor
Guidance for DB trustees is aligned with regulator’s funding code
Transaction secures the benefits for around 3,200 pensioner and deferred members
PP has analysed the accounts of the biggest pension consulting firms
The organisation said schemes reached a new funding record in October
PE firm says trustee business provides strong organic and acquisitive growth opportunity
Organisation says funding levels ‘show resilience’ but data management issues remain
Firm says strength of surpluses brings ‘continued focus’ on investment in productive assets