A seismic shift in the buy-in / out market – how can my scheme adapt?
In this webinar, the authors of our latest de-risking report explore the seismic shifts we are seeing in the buy-in and buy-out market.
Event Details
This event took place in the past.
Speakers
Last year we predicted a skyrocketing buy-in / out market following dramatic improvements in schemes’ funding levels in the aftermath of the gilts crisis and drastically accelerating demand for buy-ins and buy-outs.
Fast-forward 12 months and we have indeed seen a seismic shift in the market, with 2023 on track to eclipse 2019’s record transaction volumes of £43.8bn and the record for largest scheme to reach full insurance having already been broken twice. This is testing insurers’ resourcing capabilities, with insurers reporting an increase of over 50% in the number of schemes seeking quotations in the first half of the year.
Our latest report asks whether this is just the start. Will demand for pension buy-ins / outs continue to grow rapidly and how are insurers responding? How are larger, mid-sized and smaller schemes adapting to a fundamentally changed marketplace?
Watch our on-demand webinar where the authors of the report share highlights and discuss key questions for trustees and corporate sponsors such as:
- How schemes of varying sizes can and should approach the market – is an exclusive or competitive process the right approach for your scheme?
- How did the two largest schemes to reach full insurance to date – RSA at £6.5bn and British Steel Pension Scheme at £7.5bn – run their processes to solve significant challenges and meet their stretching objectives?
- How are insurers addressing capacity issues, will we see further new entrants, and is the first £10bn+ deal within touching distance?
