In what circumstances might a superfund be suitable for a scheme?

A superfund may be suitable where the sponsoring employer covenant is weakened, uncertain or under strain, and full insurance buy out is not currently achievable. This can include circumstances where a recovery plan is long, employer affordability is constrained, or reliance on the employer no longer provides sufficient confidence. In these cases, a superfund can offer a broader range of endgame options and help manage risk and long term costs.