A Superfund is a consolidating pension scheme that takes on private Defined Benefit (DB) pension schemes from their original sponsors. By consolidating these schemes, the Superfund aims to gain ‘economies of scale’ over individual schemes. Find out more in Judith Anunda’s recent article in the Pension’s Aspects magazine.
The recent BHS judgment has significant implications for Directors’ and Officers’ insurers of distressed sponsors of defined benefit (DB) pension schemes. Read more here.
In this final article of our exploring captives series, Andreas Vermeiren looks at how recent regulatory momentum could lead to increased interest and uptake of captives among UK corporates. Read more here.
Hamish Reeves, Managing Director and Michael McElligott, Director at Cardano Advisory discuss, how transaction may be a platform for enhancing journey plan and/or risk transfer solution, company insolvencies, the rise of challenging refinancings and restructuring and why Trustees should engage with sponsors around upcoming refinancings
In the next article in our series exploring our series exploring the use of captives for defined benefit (DB) schemes, Andreas Vermeiren CFA examines the various structures captives can take and the factors that determine their suitability for different companies.
There is growing interest in alternative risk management tools such as consolidators, capital-backed arrangements and captives. In the first of a three-part series, this article explores why captives are increasingly becoming more appealing to UK corporates navigating the complexities of DB pension scheme management.
Government intervention in the pensions system seems to be a frequent and favourite pastime in the UK. Indeed, the usual response of the industry to the seemingly perennial tinkering is to groan and ask, politely, to be left alone. However, the current consultation ‘Options for Defined Benefit schemes’ stands out in that it is to be welcomed. Read thoughts from Kerrin Rosenberg, CEO Cardano Investment on the proposals and the impact on the UK economy.
Our latest edition includes articles on the sustainability principles charter, a look at buy-in and buyout transaction volumes, ‘Ask the Analyst’ on pension scheme surpluses, and an overview of the final Funding and Investment Strategy Regulations.
Defined Benefit (DB) pension schemes remain a key stakeholder in corporate transactions. Nick Gibson, Senior Director at Cardano discusses three key takeaways to unlock value when considering M&A deals involving DB schemes.
On 29th January 2024, the Department for Work & Pensions’ (DWP) published the final Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations. We welcome the Regulations but the upcoming Funding Code must clarify unanswered questions. Read our thoughts here.
Sustainability factors are an ever increasing part of trustees’ strategy and planning, as well as an increasing risk to the insurers themselves. Read our insights on the insurer transparency / sustainability challenge.
