The Power of Three: Successful De-risking With the Trustee, Sponsor, and Insurer

The Power of Three: Successful De-risking With the Trustee, Sponsor, and Insurer

Thursday, October 17, 2024 11:30 AM to 12:15 PM · 45 min. (Europe/London)
Room 11A,B&C
Concurrent session
Buy In/Buy OutDBIlliquid investment

Information

The journey to buy-out is changing; the sudden increase in gilt yields in 2022 brought schemes to market earlier than expected. This case study shows how the combined efforts of the trustee, sponsor, and insurer overcame the barriers posed by the scheme’s illiquid asset holdings to successfully de-risk the liabilities in their scheme.

Pension Insurance CorporationThe purpose of PIC is to pay the pensions of its current and future policyholders. PIC provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. At year-end 2022, PIC had insured 302,200 pension scheme members and had £41 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of UK defined benefit pension schemes. To date, PIC has made total pension payments of £10.6 billion to its policyholders. Clients include FTSE 100 companies, multinationals and the public sector. For further information please visit www.pensioncorporation.com

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