20-20 Trustees welcomes The Pensions Regulator’s new guidance for DB superfunds. We believe that it strikes a great balance in:

• providing a framework that protects members; and
• helping sponsors who can’t realistically afford to insure their schemes; and
• providing the possibility of a reasonable return on their investments to attract outside investors.

We expect that this will be game-changing for many pension schemes and their sponsors and look forward to working with many trustee boards in exploring their increased options.