Buyout market
LCP has been at the forefront of advising companies and trustees on the opportunities available in the fast developing buyout market. Our market leading expertise draws together the necessary specialist skills with a wider understanding of corporate and trustee risk management.
We believe clear, impartial advice is very important at the outset of any process to investigate
risk management or buyout options, particularly when companies are initiating this process. Key
areas where we help clients include:
- Feasibility study for a pension buyout, buy-in or longevity hedging
- Anticipating trustee reaction to company-initiated proposals
- Review of investment strategy in the lead-up to a buyout or buy-in
- Analysis of impact on accounting numbers and funding position
The Pension Buyouts 2009 report provides an in-depth analysis of pension buyouts, buy-ins and longevity hedging in the UK. It considers the drivers, practicalities and potential benefits of buying out some or all of a pension scheme’s liabilities and provides a comprehensive database of major buyout transactions.
Our one-page guide "Longevity hedging: 10 things you should know" provides a summary of the key aspects of the new and developing opportunities for larger pension schemes to transfer the risk of increased costs from members living longer than expected.
In an article by Financial News in January 2009, we were recognised as one of the leading buyout advisers over 2008, having advised on more medium or large buyout deals than any other adviser. This followed LCP's market leading position in 2007, where we advised on 50% of all medium or large buyout deals.
For more information, please contact the partner who normally advises you, or one of our specialist buyout practice, Clive Wellsteed, Jill Ampleford, Charlie Finch, Jerome Melcer, Michael Berg or Ken Hardman on +44 (0)20 7439 2266 or Dave Stewart on +44 (0)1962 870060.
