Nearly half of pension scheme managers (41%) would consider a partial buy-in or full buyout in the next 12 months, should pricing and sponsor support be aligned.
According to research conducted among 42 of Europe’s largest pension schemes, 84% said the preferred route to a buyout would be through a buy-in process.
The findings, from online report company Clear Path Analysis, come ahead of a report on pension buy-ins and buyouts entitled Buy-Ins and Buyouts for Pension Schemes, involving contributions from 17 company schemes across Europe.
Noel Hillman, managing director of Clear Path Analysis, said: “The survey reinforced our opinions that pension plan de-risking is rapidly becoming a central boardroom issue as finance directors and chief executives realise the vast benefits a buy-in our buyout can bring to the funding position of the company, and in turn the confidence among the company’s shareholders of the corporation’s overall finances.”
For more stories on occupational pensions