Hymans Robertson says careful planning is needed to avoid deal de-railing
The bulk annuity deal insures the DB liabilities for around 3,700 members
Bulk annuity market volumes have increased significantly in recent years, and there was no slowdown in this growth during 2022.
Schemes should evaluate six key factors ahead of a potential buy-in or buyout transaction
Guide will provide greater certainty for DB scheme trustees regarding transactions
New business cash generation more than doubled to £430m in the first half of 2022
The bulk annuity transaction has secured the benefits of the trust’s 13,000 members
Industry expert noted administrators have a ‘big role’ in the buyout journey