Schemes urged to develop contingency plan as buyout market squeezed

clock

Trustees hoping to secure a buyout must develop a contingency plan as the bulk annuities market could struggle to meet growing demand says a consultant.

Aon Hewitt also advised schemes to be "prepared to compete for buyout opportunities" and warned that some schemes would be unable to complete deals. It said almost a quarter (23%) of attendees a...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Scheme resource constraints need not be a 'blocker' to conducting BPA transactions

Scheme resource constraints need not be a 'blocker' to conducting BPA transactions

Rise in demand for risk reduction solutions prompts need for schemes to ‘innovate’ and ‘adapt’

Martin Richmond
clock 25 April 2024 • 3 min read
Do more insurers equal more capacity?

Do more insurers equal more capacity?

Nikhil Patel takes an in-depth look at current trends in the risk transfer market

Nikhil Patel
clock 24 April 2024 • 7 min read
Lexmark Pension Plan inks buy-in deal with Canada Life

Lexmark Pension Plan inks buy-in deal with Canada Life

Transaction secures the benefits of 93 pensioners and 84 deferred members

Holly Roach
clock 24 April 2024 • 2 min read
Trustpilot