White paper: Defined benefit consolidation: what are the opportunities?
Consolidation is a means of achieving better outcomes for pension schemes. This is done by creating efficiencies of scale; improving governance through greater delegation to specialists; giving access to additional options through scale; and transferring responsibility for providing the benefits.
This interactive paper considers the new breed of commercial consolidators in the context of other consolidation options, with the aim of giving trustees and sponsors some guidance on what may – or may not – be appropriate for them.
