SPP Event: Innovations in DB Liability Settlement

Online
Wednesday 24 June 2026
09:15-10:30

Register

This session will explore the latest innovations in DB liability settlement, hearing directly from the Just Group on their GMP Equalisation/data cleansing solutions and Aberdeen Investments on the recent Stagecoach deal.

Speakers

Stephen Purves

Head of Risk Settlement, XPS Group

Steve is Head of Risk Settlement at XPS. He brings 25 years’ specialist experience advising trustees and corporate clients on buy-ins, buyouts and pension scheme wind-ups and also spent 3 years’ at Aviva, where he was Head of Origination and Deal Structuring for bulk annuities. He has led on over 150 bulk annuity transactions involving more than £20Bn in insurance premiums and has acted for a number of FTSE 100 clients, including leading on some of the most complex transactions in the market to date.

 

Ralph McClelland (Chair)

Partner, Sackers

Ralph is a finance and investment specialist with over 15 years’ experience in the pensions arena. He is the lead partner for a range of clients on both general pensions and investment, and is frequently involved in project work.

I was drawn to risk transfer work because of the opportunity to take part in transactions with a range of managers, consultants and insurers. He has developed a particular focus on buy-in, buy-out and other risk transfer options over recent years, and has worked on some of the biggest projects in the market in recent years.

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