Live webinar for SHAPS participating employers
The SHAPS valuation results have reinstated deficit contributions from April 2026, after the funding level fell from 98% in 2021 to 90% in 2024.
Conversely, future service contribution rates for DB accrual are falling significantly from April 2026 for those employers that offer DB in SHAPS for future pensionable service.
Participating employers should consider the results, and the options they have for controlling DB cost and risk.
Alistair Russell-Smith and Sean Campbell are holding a webinar to outline the impact and options available to employers. They will also be joined by James Keith of Morton Fraser MacRoberts who will outline the legal consultation and contractual issues that will need to be addressed. Providing a comprehensive look at the impact and options available to employers in the wake of the 2024 valuation results.
You will hear about:
- The SHAPS valuation results and the impact on deficit contributions, expenses and future service contributions.
- Options for funding the deficit contributions.
- Options and timescales for splitting the DB future service rates between employers and employees.
- If now is the right time to review pension benefits altogether.
To prepare for the webinar read a summary of the key takeaways in our latest Bulletin #62.
