Superfund

Treasury - risk management - pensions risk - defined benefit pension schemes.

In pensions management a superfund is a replacement consolidated pension fund, created from a number of originally separate defined benefit pension schemes.

The purpose is to achieve scale benefits, including enhanced levels of expertise.

Pensions risk management - alternative solutions

"In between risk transfer to an insurer and running-on, options such as raising first loss capital, captives and superfunds offer new avenues for managing pension risk.

In summary, treasurers should conduct a comprehensive evaluation of all available endgame strategies to determine which is the most suitable, and seek expert advice."

Andreas Vermeiren, director, Cardano - The Treasurer, sponsored feature - Issue 3 of 2024 - page 41.

See also

• Bulk purchase annuity (BPA)
• Buyout
• Captive insurance company
• Closed life consolidator
• Consolidator
• Covenant
• Defined benefit pension scheme
• De-risk
• First loss capital
• Insurance
• Pension assets
• Pension buyout
• Pension liabilities
• Pension scheme
• Pensions Regulator (UK)
• Pensions risk
• Risk management
• Treasury

Other resource

• Defined Benefit superfunds guidance - the Pensions Regulator - UK