Brightwell comments on the publication of the PPF Purple Book
Morten Nilsson, CEO, Brightwell said: “The PPF Purple Book paints a cautiously optimistic picture of the UK defined benefit (DB) landscape with nearly three quarters of schemes in surplus to the tune of £214bn.
“The sector is maturing rapidly with schemes making decisions on their endgame strategy. The data shows that many are going down the buyout route with c.3% of schemes leaving the PPF Universe over the reporting period.
“While this approach is right for a proportion of the market, particularly the 80% of schemes with less than £100m, it’s not the only game in town and trustees should be sure to kick the tyres on all options.
“Changes to legislation to make it easier for surplus to be returned to sponsors will provide well-run schemes with greater incentive to run on, or at least run on for an extended period.
“The key to successful run on is to be intentional, making sure you have the right partners to deliver on the scheme’s goals over the long-term.”
Published:
04 / 12 / 2025
