Liabilities of 3,400 members are insured through deal with engineering firm’s scheme
The buy-in will protect the benefits of more than 9,000 members of the scheme
Hymans Robertson says careful planning is needed to avoid deal de-railing
In line with recent years, 2022 is expected to be a tale of two halves for the bulk annuity market as we expect to see more pension scheme risk transferred to insurers in the second half of 2022 than the £12bn volume to 30 June 2022.
Deal secures the benefits of over 90 members of the construction company’s scheme
Schemes told to address data, governance, and investment strategy to secure de-risking terms
Improved DB funding and rising interest rates increased bulk annuity deals by 50% in H1
Schemes should evaluate six key factors ahead of a potential buy-in or buyout transaction
The full scheme buy-in insures the benefits of 4,800 pensioner and deferred members
Buy-in secures liabilities for 425 pensioners and 150 deferred members