02 July 2026
Guernsey Defined Benefit Pension Schemes - Endgame Strategies
Matt Stanbury of BWCI Group explores how the endgame landscape for Guernsey defined benefit pension schemes has changed significantly in recent years.
Improved funding levels, higher gilt yields and increased insurer appetite have created more realistic options for trustees and sponsors. For many schemes, buy-out is no longer a distant aspiration, while others may consider running on, sharing surplus, or adopting a phased or hybrid approach.
The article highlights the key choices now facing Guernsey schemes, including how to manage surplus, reduce risk, assess operational readiness and define a clear long-term objective. For trustees and sponsors, the focus has shifted from simply managing deficits to making strategic decisions about the future of their schemes.
The article is available here