UK: Member options in focus – 2025 edition
Ten years on from the introduction of pension freedoms, the defined benefit (DB) member options landscape has shifted significantly. Many schemes are re-evaluating how member options fit into their long-term strategy – whether they’re heading towards buyout, running on for growth, or looking to improve member outcomes.
In the 2025 edition of their ‘Member options in focus’ briefing, Barnett Waddingham examines how evolving market conditions, funding improvements and insurer practices are reshaping member options exercises today – essential reading for DB pension scheme trustees, sponsors, and anyone involved in scheme management or de-risking strategy.
