04 October 2024
3 min
Partner & Head of Alternative Risk Transfer
Following sponsor insolvency, the trustee of the Debenhams Pension Scheme tried to make the most of a tricky situation and suspected that it would be challenging to insure benefits in full.
When we were appointed, the trustee had already tried several times to find a way to continue to paying full benefits by exploring the range of de-risking solutions. Based on this experience, they were conscious of the need to focus efforts of on solutions that were seen as viable to avoid unnecessary costs that would be a drain on the scheme’s finite assets.
Working closely with all stakeholders, we navigated the unique challenges facing this scheme. We’re delighted that our work resulted in a groundbreaking transaction with Clara, capitalising on an opportunity to restore and secure full benefits for scheme members.
Read our case study, where we cover:
For further insights, download our flyer, 'Efficiently transferring to a superfund'.
If you want more information about anything covered, don’t hesitate to get in touch.
We pride ourselves on being thought leaders and are constantly discussing the many issues facing and shaping up our industry. Sign up to find our current thinking on topical issues.
Opens in new window Subscribe
