PMI Crest
PMI
Covenant-led de-risking: why covenant must be at the heart of all de-risking plans
13 November 2020

Covenant-led de-risking: why covenant must be at the heart of all de-risking plans

Insight Partner

To say defined benefit (DB) schemes have been on a journey over the last decade is an understatement. Most private sector schemes have closed and become a legacy liability, while falls in market-expected returns have caused many deficits to spiral.

Bell

Please login to view this content. If you are not a member, visit our membership page and join our community to enjoy unrestricted access to our content.

back to Pensions Aspects Magazine

Last update: 12 November 2020

Michael Bushnell
Michael Bushnell
Lincoln Pensions
Managing Director

Senior Pensions Consultant, flexible working

Salary: £40000 - £65000 pa

Location: Surrey

Pensions Consultant: Governance/Secretariat - London/Manchester

Salary: £35000 - £55000 pa

Location: London

Healthcare Administrator - Work from home

Salary: £18000 - £26500 pa

Location: Hampshire

You may also like:

Service Innovation in DC Master Trusts
13 November 2020

Service Innovation in DC Master Trusts

The PMI’s DC Master Trust Group was established to help overcome barriers to offering a good service to members. As part of bringing the group together, the decision was made to include not just Master Trust providers but representatives to the supply chain. The delivery of good services requires many different components to work together in harmony. Without bringing together the component parts, we would not be able to work towards overcoming the barriers.

Read more
Does DC need de-risking?
13 November 2020

Does DC need de-risking?

When pension de-risking is mentioned, our minds immediately think of defined benefit (DB) schemes. This, of course, is a big issue and needs significant attention. However, we shouldn’t forget about defined contribution (DC) when de-risking. In fact, undertaking a DC derisking review could provide substantial rewards for both Trustees and Employers, including freeing up valuable resource, and saving money.

Read more