Risk Transfer

Keeping the pension buyout and bulk annuity process simple

A bulk annuity is a significant undertaking, but at XPS we aim to keep the transaction as effective and straightforward as possible. XPS’ specialist team has advised on buyouts, buy-ins and transactions providing better than PPF benefits (PPF + buyouts) for £12bn of bulk annuity transactions across more than 100 schemes. We assist trustees and sponsors in the following areas:

• Providing training on the buyout market and process;
• Carrying out feasibility studies for buy-in or buyout, working alongside your current actuarial and investment advisors;
• Considering ways to accelerate the timeframe to buyout;
• Helping schemes prepare to go to market for quotations, including data cleansing and advice on a suitable asset strategy;
• Helping schemes monitor pricing and pick an opportune time;
• Covering the full range of solutions including consolidators and non-insured solutions; and
• Pricing information direct from insurers on a monthly basis.

Bulk annuity transactions, buyout & buy-in