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DB sector heading for seminal moment, says L&G

The UK defined benefit (DB) sector is heading for a “seminal” moment in its history as more schemes head towards endgame, according to Legal & General (L&G).

Average time to buyout creeps up to 5 2 years

The average time to buyout for FTSE 350 defined benefit (DB) pension schemes has risen to 5.2 years, Barnett Waddingham analysis reveals.

Cohesive buyout journey plans will result in vast cost savings

Hymans Robertson has highlighted the importance of having a “cohesive journey plan” as schemes are increasingly becoming ready for buyout.

Buyout is clear winner for endgame solution

Buyout is the industry’s favoured endgame solution for defined benefit schemes, a PP poll has found.

88% of DB schemes admit to having no endgame strategy

The majority of corporate defined benefit (DB) schemes do not have a sufficient endgame strategy in place, according to research by Hymans Robertson.

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