DB surpluses and run-on: what they really mean for corporate sponsors

Defined Benefit (DB) pension schemes have long underpinned retirement security for millions, but often at unpredictable cost to their sponsors.

Now, the focus is shifting from managing deficits to navigating surpluses, endgames, and the re-emergence of run-on. This evolving landscape is reshaping views on funding, benefits, and economic impact.
 
In this publication, we explore:

•    The link between DB surpluses and run-on
•    What run-on means for the individual DB scheme
•    How the UK has changed since the 2023 Mansion House Reforms

Click the button below to read our full insights.

Read the publication

You can access the second publication in our series here: DB surpluses and run-on: understanding your key risks. You can also register to watch our on-demand webinar, From risk to resilience: future-proofing your corporate DB pension run-on strategy at a time convenient to you. 

If you have any questions, or would like to discuss further, please get in touch with us.

This communication has been compiled by Hymans Robertson LLP® (HR) as a general information summary and is based on its understanding of events as at the date of publication, which may be subject to change. It is not to be relied upon for investment or financial decisions and is not a substitute for professional advice (including for legal, investment or tax advice) on specific circumstances. HR accepts no liability for errors or omissions or reliance on any statement or opinion. Where we have relied upon data provided by third parties, reasonable care has been taken to assess its accuracy however we provide no guarantee and accept no liability in respect of any errors made by any third party.