H2 - Is now the right time to enter the UK bulk annuity market
There is continued and significant interest from a wide range of parties in the UK pension risk transfer (bulk annuity) market - but how easy is it to enter that market and what are the possible routes to doing so?
In this session, Nick Ford and Richard Wellard will discuss the hurdles faced by insurers, reinsurers, asset managers and private equity firms in attempting to enter and succeed in this market.
Nick will bring his experience of advising numerous parties on entry to, and continued success, in the market. Richard will bring his experience of dealing with the pension schemes themselves - what do they look for when considering transferring risk to insurers and how do they view new entrants?
Clearly a key area of consideration will be the impacts of changes to Solvency II regulation. Other topics to be covered may include potential vehicles, roadmaps for investment strategy and regulatory capital, ESG considerations and operational aspects.
Speaker: Nick Ford and Richard Wellard, Hymans Robertson