Further DC buy-outs predicted after £100m Emap deal

Media group Emap has completed one of the largest buy-outs of a defined contribution (DC) pension scheme ever. Consultants claim that the £100 million deal with Standard Life heralds a new period of demand for DC buy-outs.

Akash Rooprai, London-based lead broker for the transaction and a principal at consultancy Mercer, says that the development of new pension arrangements and an increasing emphasis on cost efficiency have increased the demand for such deals.

He says: “There are many DC schemes