Insured run-on: Pensions cruise control

Hymans’ Michael Abramson highlights the ‘fork in the road’ for schemes between buyout and run-on

clock • 3 min read
Hymans Robertson partner and risk transfer specialist Michael Abramson
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Hymans Robertson partner and risk transfer specialist Michael Abramson

When thinking about pension endgames for well-funded schemes, we tend to think about a fork in the road between run-on and buyout.

While some so-called endgames are not really endgames, buyout certainly is. If the pension scheme reaches the fork in the road and chooses buyout, not only does it choose the buyout road, but it al...

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