In this episode of The Professional Investment Podcast, Charlotte Moore is joined by Morten Nilsson, CEO of Brightwell, to explore the recent FT news story that the UK government will make easier for companies to access pension scheme surpluses.
We explore how this has the potential to change company pension schemes to being viewed as an asset rather than a liability. We talk about how this could shape the run-on versus buy-out debate and what surpluses could be spent on.
Morten explains the concept of ‘low dependency ratio’ and how this might open-up investment opportunities at schemes. We unpack how mature schemes are now paying out liabilities and the importance to be better at predicting future liability cash flows.
This news should be viewed as one part of the current government’s drive to get pension schemes more involved in UK investment and we discuss how the different UK institutional organisations can be used to fund every part of the growth journey.
This is must-listen episode for anyone looking to understand how the government agenda will reshape how we view pension schemes and where the opportunities lie for asset managers.
ABOUT THE GUEST:
Morten has been with Brightwell since 2018, overseeing all facets of the business to ensure comprehensive support for trustees, sponsors, members, and colleagues. He is also Chair of pensions technology provider, Procentia.
With a long career in financial services, Morten entered the pensions and investment sector in 2001. He spent over a decade at ATP, Denmark's £90 billion pension scheme, where he held various senior roles in administration, investments, product development, and business development. In 2010, he relocated to London and founded NOW: Pensions, where he successfully served as CEO, growing the company into one of the leading defined contribution providers in the UK.
While at Brightwell, Morten has delivered sustainable improvements in the BTPS funding position, strengthened the relationship with BT, leading to the establishment of an enduring long-term funding solution for BTPS in 2020 and developed and implemented a growth strategy for Brightwell focused on introducing new third-party clients.
⸻
ABOUT THE HOST:
Charlotte Moore is an award-winning journalist and co-founder of Moore Squared Communications. She has spent almost two decades writing about how the UK’s largest investment organisations allocate their capital for a number of different specialist magazines including Professional Pensions, IPE and MandateWire. She started this podcast to increase understanding of how and why the UK’s £3 trillion pensions industry invests its members’ capital to provide the best possible retirement.
🔗 https://lotsmoore.co.uk/
⸻
#Pensions #UKEconomy #InvestmentStrategy #PensionSurplus #FinancePodcast #Brightwell #ProfessionalInvestment #MortonNilsson #CharlotteMoore #PensionFunds