Strategies for Winning the Endgame

The rise in gilt yields experienced over the past two years has significantly accelerated the time to reach buyout for many schemes. However, does being 100% funded on a buyout basis automatically mean that a scheme should complete a buyout of scheme liabilities? This paper aims to broaden the thinking around the pensions endgame, acknowledging that buyout is the gold standard, but simultaneously raising the question “is it the be-all and end-all?” Read more.