Schemes could take advantage of a "quirk" in government bond markets to fund a longevity swap deal this summer, a consultant says.
Pension schemes transferred more than £4bn of liabilities in Q1 making it the highest ever quarter for risk transfer, Hymans Robertson says.
UK - Pension schemes transferred more than £4bn (US$6bn) of liabilities in Q1 making it the highest ever quarter for risk transfer, Hymans Robertson said.
A surge in gilt rates is set to cut the cost of buyouts and reduce scheme deficits by 6%.
Some £7.8bn of pension scheme risk transfer deals completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson reveals.
UK - Some £7.8bn (US$12.3bn) of pension scheme risk transfer deals were completed in 2009, despite challenging financial landscape, analysis from Hymans Robertson revealed.
Government plans to tackle the complex issue of guaranteed minimum pension equalisation is a "practically impossible" task for trustees, a consultant warns.
The number of firms giving members the chance to take pension increase offers is set to rise significantly this year, a consultant says.
UK - UBS Investment Bank is to enter the longevity swap market following the hire of a four-strong pensions team, sources said.
UK - The value of buyouts, buy-ins and longevity swap deals struck during the 2009 has been more than £7.5bn (US$12bn), latest research by Hymans Robertson revealed.