Member options in focus: 2026 edition

Member options remain a key part of DB scheme design and member experience – whether a scheme is working towards buy-in or buyout, or planning to run-on.

Our 2026 member options briefing brings together the most important developments and practical considerations from the past year, with a focus on what trustees and sponsors may want to review now.

Download the briefing to understand what’s changed, what to watch, and where the most common risks and opportunities sit.

What’s covered in the briefing

This briefing provides a concise update on the areas that most often drive questions from trustees and sponsors, including:

• How recent changes in market conditions have impacted member options – and why now is an opportune time to re-assess market-related factors.
• What insurers offer (and don’t offer) post-transaction, and how these offerings have developed over the year.
• What schemes should be thinking about when considering member options.

Who this briefing is for

This briefing is essential reading for DB pension scheme trustees, sponsors, and anyone involved in scheme management or de-risking strategy.