Skip to content

News

Latest news/insight

Private credit: Misguided fears and the real risks

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

Brightwell: Mansion House speech a missed opportunity for the DB pensions sector

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.”

Published:

15 / 11 / 2024

Share Article:

Media enquiries contacts

Amy Mankelow​

Head of Communications and External Relations

Explore other articles

PIC completes £4.3 billion Rolls-Royce buyout transition in nine months with Brightwell serving as administration partner

Pension Insurance Corporation plc (‘PIC’), a specialist insurer of defined benefit pension schemes, has completed the buyout of all 36,000 members of the Rolls-Royce UK Pension Fund ('the Fund'), just nine months after signing a £4.3 billion full buy-in with the Trustee.  In order to achieve continuity of service, including the Trustee’s digitally focussed approach, PIC has appointed Brightwell as its administration partner. Brightwell has set up a new, dedicated office in Derby and the existing Rolls-Royce administration team, who were already based in Derby, have transferred to Brightwell to ensure that expertise is retained.

Find out more about “PIC completes £4.3 billion Rolls-Royce buyout transition in nine months with Brightwell serving as administration partner”

16/07/2026

Brightwell recognised as one of the UK’s Best Workplaces for Wellbeing

Brightwell has been recognised as one of the UK’s Best Workplaces for Wellbeing™ 2026, ranking in the top 50 for large companies.

Find out more about “Brightwell recognised as one of the UK’s Best Workplaces for Wellbeing”

26/06/2026

Subscribe

    Email subscription form

    For information on how we use your personal data read our terms & conditions and privacy statement.