Are we at a watershed moment in UK PLC’s attitude towards pensions? Will pension schemes start to be seen as an asset, instead of a liability to be managed?

In this Quick Take episode, we’re joined by LCP Partners Steve Hodder and David Fairs to discuss a first-of-its-kind transaction, where Aberdeen Group has taken over as sponsoring employer of the £1.2bn Stagecoach Group Pension Scheme (a DB pension scheme). In particular, we discuss what happened, motives of the different stakeholders (Aberdeen, Stagecoach, and perhaps most importantly, members) and what this might mean more broadly for both regulation and UK PLC behaviour.