Rise in demand for risk reduction solutions prompts need for schemes to ‘innovate’ and ‘adapt’
Nikhil Patel takes an in-depth look at current trends in the risk transfer market
Transaction secures the benefits of 93 pensioners and 84 deferred members
Insurer’s solution will offer DB schemes with less than £100m a path towards buyout
Hymans says market will need to ‘continually recalibrate’ its thresholds for transaction sizes
New valuation rules would give flexibility for schemes, but care needed to protect members
While buyout is still viewed as a gold-standard, many are now considering run-on as an option
Deal secures the benefits of all 368 pensioners and 493 deferred members
The full scheme buy-in deal secures the benefits of 438 uninsured members
Launch follows pilot scheme last year which saw more than 20 schemes transact