Welcome to the Spence Q2 Quarterly Report
As we move through 2024, the pensions landscape continues to evolve, driven by key political, economic, and regulatory shifts.
In this issue, we cover:
- General Election: With an upcoming general election on the horizon, we explore the potential impact on the pensions industry, from policy shifts to regulatory changes.
- Run-on: The Alternative Endgame Everyone’s Talking About: A closer look at the ‘run-on’ approach as an emerging strategy for pension scheme endgames, and its implications for trustees and sponsors.
- The Buy-out Market and Pension Risk Transfer: Insights into the increasingly competitive buy-out market, and how schemes are approaching pension risk transfer in 2024.
- Pensions Dashboards – The Final Countdown: As the launch date approaches, we provide an update on the Pensions Dashboards initiative and how schemes should prepare.
- Mortality Update: A review of the latest mortality trends and what they mean for actuarial assumptions and scheme funding.
This report aims to keep you informed of the critical issues impacting pension schemes, to help you plan effectively for the future. We hope you find this quarter’s updates valuable.
