V-FM Pensions #84: Tackling costs and scaling up...Brightwell's Morten Nilsson talks value for money

V-FM: The Pensions Podcast

In this episode of V-FM Pensions, hosts Darren and Nico chat with Morten Nilsson, CEO of Brightwell, about what value for money means to him.

As we move to cover more than just defined contribution pensions we spend time talking about the challenges and rising costs of running defined benefit schemes, the impact and cost of advisers, and conflicts of interest within the pensions industry.

We chat about the importance of consolidation, not just in the DC and LGPS sectors, but also for private sector DB. In Morten's eyes small schemes need to collaborate to reach a scale that allows for better management and value for money.

We also chat about what the future holds and Morten is clear that DB pensions will remain important for decades, despite many schemes now being closed; there are exciting opportunities for trustees and sponsors to manage surpluses creatively.