A recent opinion piece in the FT argued that buy-ins and buy-outs carry needless credit risks and likened them to “ultra-cheap, unsecured, long-term loans”. Should pension schemes and their sponsors be concerned about the trend towards using insurance as a risk management tool?

Check out our full response for more information on:

• Loan or insurance policy?
• Matching Adjustment: fact or fiction?
• Regulatory arbitrage? 
• Member security

Read the full publication here