Private credit recently hit the headlines for all the wrong reasons due to the collapse of First Brands and Tricolor. But these are not typical...
Read article “Private credit: Misguided fears and the real risks”4 minutes

Commenting on the Mansion House speech on 14 November, Morten Nilsson, CEO, Brightwell said: “It’s disappointing that the Chancellor missed the opportunity to use the Mansion House speech to provide the DB sector with clarity around the proposals to make it easier for pension scheme surplus to be returned to sponsors.
“As it stands, the current regulatory and legislative regime incentivises trustees and sponsors to pursue insurance buy-outs as soon possible and more needs to be done to support those well-funded schemes with strong covenants who want to run-on.
“Schemes that run-on can invest in a wider range of assets for longer, retaining value for the benefit of members, sponsors and UK plc. The government shouldn’t overlook this important part of the market.”

Head of Communications and External Relations
As the DWP’s consultation on the draft regulations for surplus flexibilities closes, Morten Nilsson, CEO, Brightwell comments: “We’ve always welcomed the Government’s proposals to make it easier for well-funded, well-run defined benefit schemes to make productive use of surplus, while maintaining appropriate protections for members.
Find out more about “Brightwell comments on the DWP’s surplus flexibilities for Defined Benefit pension schemes consultation”02/09/2026
Brightwell is pleased to announce that it has successfully achieved reaccreditation from the Pensions Administration Standards Association (PASA), reaffirming its commitment to delivering high-quality pensions administration services.
Find out more about “Brightwell achieves PASA reaccreditation”27/08/2026
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