Price not only factor when considering BPA insurer, Hymans says

Consultancy says DB schemes should consider other factors, not only price

Holly Roach
clock • 1 min read
Price not only factor when considering BPA insurer, Hymans says

Defined benefit (DB) pension schemes should consider other factors, not only price, when selecting an insurer for a buy-in or buyout transaction, Hymans Robertson says.

The consultancy urged while overall cost "remains crucial" for DB scheme trustees assessing options as their schemes reach buyout and wind-up, other factors such as administration capability, opera...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PPF 7800 aggregate surplus falls by £17bn in March

PPF 7800 aggregate surplus falls by £17bn in March

Lifeboat fund’s index shows funding ratio dropped by 1.4% in March to 124.7%

Martin Richmond
clock 08 April 2025 • 3 min read
FTSE 100 DB scheme funding levels remain high in March, LCP finds

FTSE 100 DB scheme funding levels remain high in March, LCP finds

Consultancy’s Pensions Explorer shows IAS19 funding level stood at 120%

Martin Richmond
clock 07 April 2025 • 2 min read
Clara to switch up to 35% of assets into private markets

Clara to switch up to 35% of assets into private markets

Superfund expects around half of allocation will be invested in UK over time

Jonathan Stapleton
clock 07 April 2025 • 5 min read
Trustpilot