Hymans Robertson’s Michael Abramson urges schemes to review illiquid asset holdings
Michael Abramson says do not expect dramatic changes to the buy-in and buyout market
Change in policy will ensure that regulators retain their independence from government
Consultants say bulk annuity pricing could go either way depending on final reforms
Michael Abramson looks at the impact of new insurance regulation on buy-ins and buyouts
Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up
Aviva Life & Pensions has concluded an £875m buy-in with its own staff pension scheme, following on from a similar transaction last year.
While market conditions may have put a dent in your de-risking plans, there is still plenty of preparation you can do and opportunities to take advantage of, says Michael Abramson.
The Aegon UK Staff Retirement and Death Benefit Scheme has secured a £144m buy-in with Phoenix, covering around a quarter of pensioner liabilities.
The Allied Domecq Pension Fund has insured £3.8bn of members’ benefits with Rothesay Life, in the market’s largest deal to cover both pensioner and deferred members.