Run-on

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

In pensions management a run-on is a positive strategic choice to continue the operation of an existing defined benefit pension scheme.

Running-on need not be indefinite

"... the [employer] company and trustees could be aligned in running-on the scheme where there is a strong funding buffer, a de-risked investment strategy and a strong employer covenant.

Additionally, running-on need not be indefinite; it can be a temporary strategy to improve insurer pricing or capture further upside for the company."

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

See also

• Bulk purchase annuity (BPA)
• Buyout
• Covenant
• Defined benefit pension scheme
• De-risk
• First loss capital
• Insurance
• Pension assets
• Pension buyout
• Pension liabilities
• Pension scheme
• Pensions risk
• Risk management
• Superfund
• Treasury