In part 1 of PwC’s pension de-risking series, we take a look at historic trends in the pensions risk transactions arena. We set out what challenges lie ahead for trustees and corporate sponsors.
If you look at the collective goals of pension trustees and sponsors, it translates to £1 trillion of insurance deals needing to take place within the coming decade. This is what needs to happen if every scheme that successfully manages its journey to buyout level wants to complete an actual transaction.
We use our depth of experience and latest data and market insights to explain why this volume of deals is unlikely to be achieved. We outline the key actions that pension trustees and sponsors can take now to avoid disappointment.
Our survey is based on data collected from defined benefit pension schemes over July to September 2024. We received responses from schemes with assets of...
In part 2 we address this issue by broadening the discussion beyond traditional bulk annuities to set out the wide range of options available for trustees and...
In light of increasing scrutiny from the Financial Reporting Council (FRC) over auditing defined benefit pension obligations, the testing carried out by audit...
With rising levels of inflation and other cost pressures on employees (e.g. higher energy costs), at least 8 out of 10 employers are reacting to the cost of...
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