JLT Pension Capital Strategies has unveiled a new de-risking service to assist sponsors and trustees to exit a defined benefit (DB) strategy, Global Pensions reports. The services include automatic and ongoing liability management through regular enhanced transfer values, pension increase exchanges, immediate vesting of personal pensions and early retirement exercises.

JLT will also provide focused administration services, including data cleansing and will start targeted scheme closure and settlements. An existing pension scheme may also de-merge into new pension schemes for deferred pensioners and current pensioners using an option within the platform.

Click here for the story from Global Pensions.