Five step approach vital for DB schemes looking to buyout

An ‘accurate all the time’ data set will benefit the scheme’s progression towards endgame

Jonathan Stapleton
clock • 2 min read
A five step approach
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A five step approach

Insurers may refuse to quote and provide pricing for buy-ins and buyouts where the defined benefit (DB) pension scheme’s data is of a poor quality, warns Hymans Robertson.

The consultancy's latest whitepaper recommended a five-stage approach – including data audit, cleansing and ongoing management – that schemes should follow to ensure their data is up-to-date and fi...

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