Investment - The investment impact of DB schemes choosing to run-on - Episode 152

Dec 11, 2025
31 mins

Episode Description

In this episode, Ben Farmer is joined by Ben Fox and Sean Burnard from LawDeb to unpack the concept of pension scheme “run-on”. Together, they explore why this approach is gaining traction, what it looks like from an investment perspective, and the practical considerations trustees need to weigh. From real-world case studies to non-investment factors, this discussion offers valuable insights for schemes navigating their endgame strategy. Throughout the episode, our experts discuss topics such as: 
  • What do we mean by “pension scheme run-on”
  • Why are we talking about this now, and why might schemes want to run-on?
  • What does run-on look like from an investment standpoint?
  • Running on in practice: case studies
  • Non-investment factors to consider re: run-on
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