UK: The benefits of run-on
Ian Mills, Partner and Head of DB endgame strategy at Barnett Waddingham, recently featured on a Professional Pensions webinar discussing the benefits for trustees and sponsors of running on their DB pension scheme.
During the talk, Ian Mills and the other experts on the panel discussed:
- how run-on strategies could work in practice;
- key considerations for trustees and sponsors;
- the potential ways in which sponsors could extract the surplus;
- the benefits and drawbacks of such strategies compared to insurance-based solutions such as buy-in and buyout;
- legal and regulatory hurdles to a run-on approach; and
- investment strategies schemes adopting a run-on could utilise.
