Our team has strong ongoing relationships with all of the bulk annuity providers in the market, enabling us to develop bespoke deal solutions and ensuring our clients are aware of any offerings which can help them transact more efficiently and cost effectively.
We are also supplemented by dedicated expertise in the key related areas of investment, longevity and insurer financial strength assessments.
Working in partnership with you, we can advise on all aspects of the de-risking process including:
Our combination of trustee and company experience allows us to understand the perspective of both parties in a bulk annuity transaction, helping to facilitate a smoother process whilst achieving the underlying aims for our client and the pension scheme overall.
We recognise that the nature of bulk annuity deals is similar to other corporate/scheme transactions, where there is a need to be flexible, to respond quickly and to provide the appropriate level of support.
Speakers from BlackRock, Columbia Threadneedle and Insight Investments all predict little prospect of a normalisation in interest rates over the next year at our annual conference - Matt Tickle examines the forecast in more detail in his latest blog.
Marcus Whitehead looks back at Rupert Harrison's Investment Conference talk which highlighted how investors over-reacted to political risk in 2016, why they shouldn't make the same mistake in 2017 and learn to tolerate a certain amount of volatility.
The PPF’s latest Purple Book reveals a fall in PPF-compliant contingent assets, driven by the PPF’s more robust approach to certification. Alternative approaches to reducing risk include security over assets and cash contributions.
Significant bulk annuity and reinsurance transactions in the second half of the year see 2016 become another substantial year for the bulk annuity providers.
In October, Carclo plc announced the rise in its accounting pension deficit meant that it was no longer able to pay its interim dividend. With this is mind, we discuss the impact of pension deficits on corporate balance sheets come the calendar year end.
Some significant recent transactions suggest that it could be a strong second half to 2016, following a quieter than usual start to the year. The period also saw one of the long-established bulk annuity insurers announcing its withdrawal from the market.
This survey looks at French companies, almost all of which are constituents of the CAC40 index, which have UK subsidiary companies with DB pension schemes. The survey covers 14 French companies with around £22.2bn of UK pension liabilities between them.
This survey relates to constituent companies of the Dutch AEX share index that have UK subsidiary companies with defined benefit (DB) pension schemes. The survey covers seven Dutch companies with around £9.3 billion of UK pension liabilities between them.
This survey examines German companies, the majority of which are constituents of the DAX index, which have UK subsidiary companies with DB pension schemes. The survey covers 21 German companies with around £26.4bn of UK pension liabilities between them.
As part of their most recent actuarial valuation, Tate & Lyle were seeking to continue to de-risk their £1 billion legacy DB pension scheme, but without a significant increase in deficit recovery contributions.
We jointly advised trustees and company on a medically underwritten pensioner buy-in achieving very significant savings of >10% relative to traditional approach – successfully securing around £25m of the pensioner liability at no additional funding cost.
We carried out an innovative buy-out for part of the Lloyd’s Superannuation Fund (LSF), a £500m multi-employer defined benefit scheme associated with the Lloyd’s of London insurance market.
We are delighted to announce the launch of a new business risk practice providing risk management services to corporate clients today. The new practice is to be led by newly appointed associate, Danny Wong.
Barnett Waddingham is thrilled to have been named Business Consultant of the Year 2015 at the inaugural Director of Finance Awards which took place at the Double Tree Hilton, Tower Bridge on 9 July 2015.
Barnett Waddingham has been named as Pension Adviser of the Year at the Corporate Adviser Awards 2015.