superfunds

Companies are increasingly looking to consolidators, superfunds and other sophisticated financial structures to help remove their defined benefit (DB) liabilities, The Pensions Regulator (TPR) says.

What were some of the most read opinion pieces on Professional Pensions over the last 12 months? We look at some of the top articles from our commentators during the year.

Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering

Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.

Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.

A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.

Superfunds will be a “useful weapon” for defined benefit schemes moving forward, with their need solidified after the economic struggles caused by the coronavirus pandemic, Guy Opperman has said.

Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.

As an interim regime for consolidators is launched, Emma Watkins looks at how to enhance protection of members’ benefits.

Defined benefit (DB) scheme consolidators The Pensions Superfund and Clara Pensions are both set to begin transacting as soon as possible after new guidance for their operations was issued by The Pensions Regulator (TPR).