No matter where you are on your scheme’s journey, we can guide you to the solution which best meets your needs and delivers your members’ benefits with certainty.
At Hymans Robertson we can help you understand the risks to your scheme’s funding position and help you prioritise what action to take.
If risk transfer is the right choice for you, then you can be confident that our deep market knowledge will help you obtain the best value from your transaction.
The ultimate goal for many DB pension schemes is to transfer their risk to an insurance company. Over the next 5-10 years, growth in appetite from DB pension schemes to complete bulk annuity transactions means there will be times when insurers cannot keep pace with pension scheme demand. Rather than sitting tight, we can help you take proactive steps now to capture opportunities in stages. Doing so will also put you in a stronger position for when the time comes to carry out a full buy-out.
Market-leading insurer insight
The buy-in and buy-out market is currently busy with all eight insurers being more selective on transactions. Now, more than ever, understanding the insurance market is key. Hymans Robertson:
In our Risk Transfer podcast series our hosts James Mullins and Michael Abramson dive into the different aspects of the risk transfer market. They share insights into the process insurers go through when asked to quote for a transaction and they also share insights on how to prepare your data so you can get your scheme in the best position before approaching insurance companies for quotes. You can listen to these episodes, and others in our podcast series, below.
A great outcome
The Trustee is delighted to have taken another important step to materially reduce risk for its members. Hymans Robertson used their significant experience of the buy-in market to expertly guide us through this second buy-in; enabling us to insure a large proportion of our pensioner liabilities at a particularly attractive price – a great outcome for everyone associated with the Fund.
Chair of FCA Ltd, trustee of The Institute of Chartered Accountants Staff Pensions Fund
The information contained does not constitute advice and should not be considered a substitute for specific advice.
Club Vita LLP is an Appointed Representative of Hymans Robertson which is authorised and regulated by the Financial Conduct Authority and licensed by the Institute and Faculty of Actuaries for a range of investment business activities.