William McGrath

Click HERE on the day

INVITATION Coffee Morning – The mechanics of DB Surpluses 

When – Tuesday 27th October 2026 at 10:30am

Add this to your Calendar;

https://teams.microsoft.com/meet/3844167785881521?p=2khQvfDttydCoGXEej

What’s on Will McGrath’s mind?

You are cordially invited to attend our next Coffee Morning in which C-Suite guru William McGrath will be giving us his thoughts on the mechanics of DB schemes especially when they are in surplus!

The theme will be, the exercise of discretion in a time of scheme surplus. What are the advantages of “running-on“. Will Capital Backed arrangements (a la Clara and now TPT) be a welcome addition in this space?

The message from the charts is that there is scope to:

• Make a one-off catch up payment to cover 2020’s inflation spikes.
• Pay 10% extra a year to members with a well funded scheme running-on with a sound sponsor.

DB Members should be activists in this space and should not be taken for granted. Current (and future) employees should expect employers to use surpluses to improve CDC / DC pension provision going forward.

To register:

Please ADD to your calendar and click HERE on the day or on the Teams link below.

Government should use incentives (and disincentives) to ensure money backing DB liabilities is invested in larger part in a way that aligns with the UK growth agenda.

We hope you can join!

Platform

MicrosoftTeams

Url

https://teams.microsoft.com/meet/3844167785881521?p=2khQvfDttydCoGXEej