UK - Paternoster foresees a slowdown of business inflow during the last quarter of 2008 due to recent market turmoil, despite a new business increase of 23% in the third quarter.
"We understand trustees and their advisers deferring the decision to transfer all or a portion of a pension scheme off balance sheet to an insurer until markets are more settled."
Wood said Paternoster anticipated some of the transactions that might have taken place by the end of this year may now take place early next year.
He concluded: "Consequently, while we continue to provide quotations that fix prices for all variables except investment market conditions, we expect Q4 new business to be below previous estimates with full year market growth on last year being perhaps 300% rather than the 400% previously projected."
Paternoster said to date trustees had secured £2.7bn (US$4.7bn) of assets with the firm.
Meanwhile, UBS Global Asset Management and Aegon have launched the UBS Aegon Affordable Risk Transfer Solution (ARTS).
They said ARTS was a service aimed at pension funds with liabilities in excess of £100m (US$176m), which combined insurance, administration, asset management and risk management.
They said the cost and complexity of immediate buyout could seem 'prohibitive' for many pension funds, since current market conditions had led to less attractive direct buyout terms.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers