James Mullins

Pension schemes are considering whether to exchange gilt holdings for buy-in insurance policies as yields fall to record lows, Hymans Robertson says.

Analysis of the longevity swap market

Rolls-Royce has become the tenth scheme to complete a longevity swap. PP takes a look at the deals so far.

More than £2bn of pension fund liabilities was transferred in the third quarter of the year through buy-ins, buyouts and longevity swaps, Hymans Robertson analysis shows.

Industry figures are expecting a host of de-risking insurance deals to be undertaken by "quasi-public sector" schemes in the coming months.

Scheme sponsors are expected to take advantage of "enhanced buy-ins" to significantly reduce the cost of buy-ins, industry figures say.

Pension schemes are expected to shift a further £20bn of liabilities to insurance companies and banks over the next 18 months, according to Hymans Robertson.

The pension scheme risk transfer market is set to grow a further £20bn over the next 18 months, Hymans Robertson figures predict.

Hymans Robertson has promoted seven members of staff from across its practices to partner.

Rothesay Life has bought a majority holding in Paternoster following a four-month sale process.