WTW: One-in-five schemes considering superfunds

One-in-ten defined benefit (DB) schemes have already discussed the option of superfund consolidation as a target endgame while a further 9% are planning to do so shortly, according to Willis Towers Watson (WTW).

A WTW survey – conducted in June following The Pension Regulator’s (TPR) announcement of an interim regime for superfunds – questioned 280 trustees and chief investment officers.

Nearly two-thirds (62%) of survey participants said superfunds were a positive development for scheme members, while a third were yet to make up their minds. A total of 4% said they were not a positive.

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