DB Scheme Consolidation: debunking the myths
Having explored the various flavours of DB scheme consolidation in our recent report and blog series, it’s clear there are many options available to schemes to help reduce cost and ultimately improve the security of members’ benefits.
As this topic continues to gain momentum within the industry, we’re seeing a number of common misconceptions which are preventing schemes from taking full advantage of the options available to them:
- Myth #1 – consolidation is only for small schemes
- Myth #2 – buy-in is a very expensive way to consolidate
- Myth #3 – superfunds won’t fly unless regulations change
- Myth #4 – sole corporate trusteeship increases costs and key person risk
- Myth #5 – master trusts are for DC, not DB
In our series of short videos below, our experts Calum Cooper and Jon Hatchett take a look some of these misconceptions in the hope of ‘debunking the myths’ of consolidation once and for all.
If you would like to discuss anything mentioned in more detail, please don’t hesitate to get in touch.
Myth #1 - consolidation is only for small schemes
Myth #2 - buy-in is a very expensive way to consolidate
Myth #3 - Superfunds won't fly unless regulations change
Myth #4 - sole corporate trusteeship increases costs and key person risk
Myth #5 - master trusts are for DC, not DB
Subscribe to our news and insights
