In this blog, Gareth Davies discusses how a “top-slice” buy-in can help you to remove more longevity risk for a lower price.
With the benefit of 15 years’ experience, I help a wide range of employers and pension scheme trustees to analyse and manage their pensions obligations and risks.
As a member of LCP’s award-winning buy-in, buy-out and longevity swap team, I am delighted to have helped numerous clients to achieve excellent pricing and commercial terms when transferring their pensions risks to an insurance company. My transaction portfolio ranges from £2m to over £1bn, and notably includes: the largest buy-in for a 'Section 615' scheme (sponsored by Unilever), medically-underwritten buy-ins for three Svitzer group schemes, a number under a ‘phased buy-in’ approach, and several through LCP’s streamlined buy-in process.
I pride myself in helping my clients to fulfil their objectives and achieve outcomes beyond their expectations. You can imagine how pleased I was to hear from a client how happy they were with the support I’d given on a recent project, and the result achieved.
Thank you Gareth. Really pleased with how things have gone. This is an excellent result for the Fund, and I just wanted to thank you for helping us navigate there so smoothly. It seemed nothing was too much trouble for you.
LCP today announces that the Aggregate Industries Pension Plan (the Plan) recently completed a £135m pensioner buy-in with Just Retirement Ltd, part of the JRP Group.29 November 2016
LCP wins de-risking consultant of the Year for the 5th time in six years at the Financial Times Pension Awards.19 May 2016
LCP once again got the nod from UK Pensions Awards judges as Risk Reduction Adviser of the year.12 May 2016
How I have helped our clients
How we helped Aggregate Industries to effectively manage their pension risk with buy-ins, securing half of their liabilities and providing increased financial certainty.
How I can help
We provide individual and high quality actuarial advice, taking a collaborative approach between trustees, employer and advisers, to ensure a focus on good member outcomes.Meet some of our experts
We are market leaders at each stage of de-risking, including planning, investment strategy, transactional services and wind up.Meet some of our experts
We work closely with our clients to understand their pension scheme objectives and implement effective and creative strategies to achieve them.Meet some of our experts