With the continued development of COVID-19, we look at some of the implications for UK pension schemes who are considering transferring risk to insurance companies through buy-in, buy-out or longevity insurance.

Schemes will have already seen volatility in their assets, with significant falls in rates and widening of credit spreads, coupled with equities falling back to levels not seen since 2011. Schemes who are well hedged may have seen their funding position hold steady, but this will not necessarily have immunised them against movements in buy-in and buy-out pricing. 

Download our full publication where we consider, in detail:

• Insurer pricing;
• Capacity; and  
• The longevity impact.