Tag Archives: buy-out

Pension Superfunds are more than the “poor man’s buy-out”

Posted on July 19, 2023 by henry tapper

The Government has radically changed its position on pension superfunds, at last giving feedback on its 2018 consultation and making clear that pension superfunds are helpful to pension consolidation and support the wider aims of the Treasury. The response to … Continue reading →

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Who really wins from DB’s “risk transfer” to insurers?

Posted on July 10, 2023 by henry tapper

In a long and well -informed “big read”, the FT has published its thoughts on the structural shift in DB pension provision known as bulk buy-out. The article begins with the memories of 71 year old John Shaw and the … Continue reading →

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Truell claims buy-out “reinsurance” is “superfunds through the back-door”.

Posted on June 19, 2023 by henry tapper

I recently reported on the Bank of England and Prudential Regulatory Authority’s concern that Insurers were passing on the management of assets and liabilities via reinsurance using captives in Bermuda and other offshore havens. This strikes the common reader as … Continue reading →

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Has TPR become the insurer’s new trade body?

Posted on May 8, 2023 by henry tapper

  Over the bank holiday weekend, I’ve been blogging about the new orthodoxy, that buy-out of benefits is in the member’s best interests. Quietroom have published an article in Professional Pensions explaining how best to get this message across and … Continue reading →

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Quietroom – shouldn’t we be asking not telling members about being “bought out”?

Posted on May 7, 2023 by henry tapper

Simon Grover of Quietroom has written an  article about communicating buy-out to members (who are about to be bought out). It urges us not to forget the member, but suggests what the member thinks is an afterthought I am usually … Continue reading →

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LCP – doh ray me!

Posted on April 24, 2023 by henry tapper

We were having a sing song yesterday afternoon and it got “pensionlitical”. Doh! – it’s dear – DB is dear Ray – I read it in the Sun Me – DC! I’m by myself Fah – how long will drawdown … Continue reading →

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LCP finds partners to auto-cleanse pensions data

Posted on March 23, 2023 by henry tapper

LCP has clubbed up with Transunion, the credit checker and Digidentity the digital identity verifier to work out better ways to get scheme data ready for buy-out and/or display on pension dashboards. It is also pretty important in paying them! … Continue reading →

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Are you suffering from Premature Buy-Out?

Posted on March 8, 2023 by henry tapper

This is the testimony of a member of a defined benefit pension scheme.  It’s anonymous but none the worse for that. Anyone who is in a corporately sponsored defined benefit pension plan should be considering the implications of their scheme … Continue reading →

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How pension schemes are challenging “Status Quo” bias.

Posted on December 7, 2022 by henry tapper

    Yesterday’s four hour Zoom Conference on the  @Challenges & Opportunities for DB Pension Schemes  in the New Environment” was unusual in having virtually no pension consultants and instead a large number of trustees and executives from DB pension schemes. … Continue reading →

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Trains that accelerate into termini, risk hitting the buffers.

Posted on December 6, 2022 by henry tapper

I’m pleased that the important SG Pensions conference this afternoon is now promoting its  subtitle “Challenges & Opportunities for DB Pension Schemes in the New Environment”. Defined benefit schemes are in rude health providing decent pensions to fire workers, teachers, … Continue reading →

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