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Outpacing change

Pensions solutions driven by bolder thinking

With change in occupational pensions accelerating, it’s simply not enough for the industry to keep pace.

The pensions industry needs to outpace change or risk falling behind and falling short of commitments to members, employees and the regulator.

That’s why we’ve launched ‘Outpacing Change’. We believe a more effective UK pensions system can only be achieved through new, bolder thinking across technology, funding, investments and more. Outpacing Change forms part of our commitment to share innovation that’s making a difference. tangibly improving outcomes for our clients – and our industry.

You’ll find the first in a series of solutions that are helping outpace change for you to download below.

How can DB pensions work harder for members? Aggregate surplus across the UK’s c.5,000 private sector DB schemes is estimated at £250 billion. Isio is pioneering an exciting alternative destination for schemes which we call Purposeful Run On (PRO) – investing beyond full funding on a buy-out basis to share surpluses between members and sponsors gradually over the medium to long-term.

Isio Director, Matt Brown, introduces Purposeful Run On

PRO explained…

Pensions Age Q&A – Matt Brown sits down with Pensions Age Editor, Laura Blows to discuss PRO

Government consultation on options for DB schemes

On Friday 23rd February 2024, the Government launched its consultation on options for DB schemes that it trailed in the Autumn Statement. This includes proposed reforms to make it easier to use surpluses in well-funded schemes to make payments to employers and scheme members. If implemented this would be the most important change for UK DB schemes in over 20 years.

During our recent webinar, we polled an audience of pension professionals and you can see the results here.

Read more about the consultation

Is a pensions revolution on the cards?

With DB schemes being better funded than ever before and being required to articulate their long term plans, more and more trustees and scheme sponsors are interested in run-on options.

The launch of the Government’s recent consultation which aims to make it easier to distribute surplus assets has turbo-charged levels of interest.

During our recent webinar, we heard the trustee and employer perspectives on the consultation and how it could enable better outcomes for members and sponsors of many schemes. Watch the highlights here. If you’d like to watch the full session, complete the form below.

Complete the form and see the full webinar

Start a conversation

To learn more about how PRO could release additional value for members and sponsors, get in touch.

Image Barry Jones

Chief Investment Officer

barry.jones@isio.com See full profile