The news and opinions from BESTrustees.
Stay informed with expert commentary, regulatory updates, and strategic insights from our team. Here we share the latest developments shaping the UK pensions landscape.
Latest from BESTrustees
Thought Leadership
BESTrustees joins Professional Pensions expert panel on buy-in and buy-out
At the beginning of July, Professional Pensions assembled a panel of experts to look at the journey from buy-in to buyout and member experience. The roundtable, chaired by PP editor Jonathan Stapleton and held in association with Pension Insurance Corporation (PIC), examined two of the most active themes in the pension risk transfer market – the often complex journey schemes take from buy-in to buyout, and the member experience both during that transition and after buyout. The panel concluded representatives of most off the major professional indedendent trustee firms; BESTrustees was represented by Alan Pickering CBE. Click here for the …
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News
BESTrustees and Royal London complete buy-in for the Metallus UK Pension Scheme
BESTrustees professional trustee client, the Metallus UK Pension Scheme, has completed a £40 million bulk purchase annuity (BPA) transaction with Royal London, the UK’s largest customer-owned life, pensions and investment provider. The buy-in secures the benefits of 493 members. A key feature of the transaction was the collaborative approach taken during the exclusivity period, enabling the parties to agree the expected journey from buy-in to buyout to ensure the Trustees’ objectives could be met. Isio acted as risk transfer adviser whilst the Trustees received legal advice from Gowling WLG and administrative and actuarial support from Aon. “We are pleased to …
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