Future demand
and supply in the buy-in and buy-out market 2022
Publications
Insurance enters a new phase – a skyrocketing market
DB pension schemes have seen enormous financial changes this year. Our report asks what these changes mean for schemes considering insuring their liabilities through a buy-in or buy-out.
We estimate that nearly 1 in 5 schemes are now fully funded on buy-out with an average funding improvement of c15% in the past year. Rising yields and improved insurer pricing have wiped off close to an astonishing £1 trillion from UK defined benefit pension scheme obligations.
For many schemes, the sheer rate of improvement in their buy-out funding level will be as unexpected as it is welcome, and they will have a range of new considerations to work through in this new phase for the buy-in and buy-out market.
Jump to sections of the report:
A seismic shift in the buy-in / out market – how can my scheme adapt?
Webinar
Discover the highlights from our report on buy-ins and buy-outs. How are larger, mid-sized and smaller schemes adapting to a fundamentally changed marketplace?
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We are market leaders at each stage of de-risking, including journey planning, investment strategy, transactional services and wind up.
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