It’s Pension Awareness Week!

Ray Hughes, Director at Hughes Price Walker, commented:
“Completed in under six months, this buy-in represents a significant step towards full buy-out and delivers real value for both members and the sponsoring charity. The terms secured were attractive and affordable, enabling the Trustees to eliminate substantial risk and future cost from the scheme. For the charity, this means greater financial certainty and the ability to concentrate more fully on its core charitable activities, while members gain the reassurance of long-term benefit security. Achieving this outcome so efficiently reflects the careful preparation of all parties and the benefit of experienced, specialist advice in a competitive market.”

Kai Hoffmann, Director, Pension Risk Transfer at Institutional Retirement, L&G added:
“This transaction provided an excellent fit between the scheme’s objectives and our ability to deliver affordable terms using our Flow proposition for smaller pension schemes. We are very pleased to have supported this charity sector scheme, allowing the Trustees to lock in security for members and remove future cost pressures from the sponsor. Working closely with Hughes Price Walker, we were able to complete the buy-in efficiently and set the scheme on a clear path towards full buy-out.”