Delivering a bespoke risk transfer solution for a large DB scheme

In the UK, a small group of large schemes holds a significant proportion of defined benefit (DB) assets. These schemes have unique needs and face different challenges compared with smaller schemes. As advisers to over half of the 20 largest schemes in the UK, and one in five with assets above £1bn, we understand these different needs and want to share our insights through a series of case studies. 

In this case study, we share how we helped a large DB scheme to overcome complexity and delivered a tailored risk transfer solution. Our experts explore: 

• Bespoke solutions in risk transfer: The role of bespoke structuring in converting complexity into an executable transaction path.
• The client’s scenario: How competing aims; affordability and member experience, set the parameters for the deal.
• Illiquid assets: The implications of illiquidity for premium funding and reserve planning.
• Finding the right solution: How comparative testing surfaced a structure that aligned with sponsor appetite and trustee goals.

Read our case study

You can catch-up on the first two case studies in our series by clicking below, or by accessing our hub page:

• Understanding the power of surplus sharing
• Valuable sounding board for an in-house team

If you have questions or would like to discuss further, get in touch.

This communication has been compiled by Hymans Robertson LLP® (HR) as a general information summary and is based on its understanding of events as at the date of publication, which may be subject to change. It is not to be relied upon for investment or financial decisions and is not a substitute for professional advice (including for legal, investment or tax advice) on specific circumstances. HR accepts no liability for errors or omissions or reliance on any statement or opinion. Where we have relied upon data provided by third parties, reasonable care has been taken to assess its accuracy however we provide no guarantee and accept no liability in respect of any errors made by any third party.