Hymans Robertson Risk Transfer Key Contact James Mullins, Head of Risk Transfer Solutions VIEW PROFILE One of the biggest concerns for scheme trustees is knowing how and when to transfer risk to an insurance company. No matter where you are on your scheme’s journey, we can guide you to the solution which best meets your needs and delivers your members’ benefits with certainty. READ OUR 2021 RISK TRANSFER REPORT How we can help We can help you understand the risks to your scheme’s funding position and help you prioritise what action to take. If risk transfer is the right choice for you, then you can be confident that our deep market knowledge will help you obtain the best value from your transaction. The ultimate goal for many DB pension schemes is to transfer their risk to an insurance company. Over the next 5-10 years, growth in appetite from DB pension schemes to complete bulk annuity transactions means there will be times when insurers cannot keep pace with pension scheme demand. Rather than sitting tight, we can help you take proactive steps now to capture opportunities in stages. Doing so will also put you in a stronger position for when the time comes to carry out a full buy-out. In addition to the traditional options of buy-ins, buy-outs and longevity swaps, a number of new risk transfer options have become available to DB pension schemes in recent years. Click here to see a summary of all the options currently available to you. Market-leading insurer insight The buy-in and buy-out market is currently busy with all eight insurers being more selective on transactions. Now, more than ever, understanding the insurance market is key. Hymans Robertson: Has an excellent reputation amongst insurers for running efficient, well managed and well executed transactions. Advises 7 out of 8 insurers and 90% of reinsurers on longevity pricing, investments, reserving and other aspects of their business. Has great insights into insurer mind-set through Michael Abramson's experience in leading the bulk annuity business and large transactions at Prudential and Legal & General We have built strong relationships with senior individuals at each insurer to accelerate signoff on best possible price. We’re pleased to have taken a vital step to reducing risk for our members. Hymans used their experience to guide us through our second buy-in; enabling us to insure a large proportion of our pensioner liabilities at an attractive price. Andrew Evans - Chair of FCA Ltd, trustee of The Institute of Chartered Accountants Staff Pensions Fund Click here to view larger image. 2021 Risk Transfer Report Download our fifth annual risk transfer report for a full overview and analysis of the pensions bulk annuity market. ACCESS THE REPORT Featured Items Webinars SEE ALL WEBINARS WEBINARS Overcoming the challenging issues in a buy-in/buy-out transaction 17 Jun 2021 WEBINARS Buying your way out of the PPF 26 Apr 2021 Podcasts SEE ALL PODCASTS PODCASTS Risk Transfer - Investment Considerations 29 Oct 2020 PODCASTS Risk Transfer - Stepping inside an insurer 10 Jan 2020 Risk Transfer Transactions Allied Domecq The largest ever buy-in to include deferred members SSE Converts longevity swap into £750m buy-in Aviva Aviva's largest ever buy-in Aegon The Aegon Scheme's first buy-in FTSE 100 pension scheme Advise on £800 million longevity swap for FTSE100 pension scheme Marks & Spencer Advised the scheme sponsor on terms of what was Aviva’s largest ever buy-in at the time. Meet our Risk Transfer team FIND A TEAM MEMBER James Mullins Head of Risk Transfer Solutions Richard Wellard Partner and Risk Transfer Specialist Michael Abramson Partner and Risk Transfer Specialist Related Content Buy-in monitoring service - March 2021 PUBLICATIONS 18 Mar 2021 Try our new wind-up readiness tool BLOGS 04 Mar 2021 What is all risk cover and do I need it WEBINARS 30 Mar 2021 How to factor in ESG considerations into insurer selection WEBINARS 05 Mar 2021 How insurers prioritise buy-in and buy-out quotations WEBINARS 17 Feb 2021 Buy-in monitoring service – December 2020 PUBLICATIONS 17 Dec 2020 Buy-ins and buy-outs: de-risking or re-risking? PUBLICATIONS 30 Oct 2020 Buy-outs, buy-ins & longevity hedging - H1 2020 PUBLICATIONS 07 Oct 2020 VIEW ALL RISK TRANSFER CONTENT The information contained does not constitute advice and should not be considered a substitute for specific advice. Subscribe to our news and insights Enter email address SIGN UP MENU Hymans Robertson Copyright © 2021 Hymans Robertson LLP. All rights reserved.