First Actuarial offers a tailored service to identify the right risk transfer solution for your organisation’s needs. Our specialist risk transfer team advises clients on both buy-outs and buy-ins and we work with all the insurers in the market.
For many employers, the cost of buy-out can seem prohibitive.
We understand what drives insurers’ costs, and we’ll set out the steps you can take to make savings. For example, we can estimate the cost of securing your liabilities against your scheme’s asset value and monitor it over time. This makes it easier to spot attractive and suitable risk transfer opportunities as soon as they arise.
Full buy-out is not always the answer. We use our knowledge of insurers and their costs to identify the approach that will deliver the best value for money.
Where the cost of a buy-out turns out to be prohibitive, we will help you consider the alternatives.
We never forget how worrying a buy-out can be for scheme members, as pension provision moves to an unfamiliar insurer. We can take their anxieties away by providing clear and comprehensive information at every stage.