PSB - PSB PENSION SUPPORT BOND

New Product: a capital redemption bond providing security for pension funds while preserving assets for sponsoring employers

The Challenge for Pension Funds

• To be fully funded within 10 years
• Without becoming over funded
• Avoiding trapped surpluses

The Solution
The Pension Support Bond

• Cost effective and flexible
• Minimises exposure to over-funding
• Maintains the quality of your commitment to your pension scheme
• A Bermuda Segregated Account structure

Flexibility

• Size and timing of contributions
• Valued as a pension scheme asset up to level of deficit
• Choice of trigger points for pay-out
• Investment freedom
• Surplus to sponsor

Read a detailed description of the pension support bond here