Best practice guide – Preparing Pension Schemes for a Bulk Annuity Quotation

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The bulk annuity market continues to grow and its resilience during the pandemic has been remarkable. Everyone in this market is pleased to see increasing volumes, but for this to be sustainable, efficiency will be key. Insurers want to be able to provide schemes with quotes and meet all de-risking needs.

DLA Piper’s pensions de-risking team has collaborated with all the UK insurers operating in the bulk annuity market (Aviva, Canada Life, Just Retirement, Legal & General, Pension Insurance Corporation (PIC), Rothesay, Scottish Widows and Standard Life) to produce the first ever insurer-led best practice guide on Preparing Pension Schemes for a Bulk Annuity Quotation. It’s designed to help the whole market and ensure that everyone has the information and tools to get the quotation and transaction they desire.

Authors

Nick Flynn
Sales Director - Annuities Canada Life

Prashant Mehta
Business Development Manager, Defined Benefit Solutions Just Retirement

Kieran Mistry
Senior Business Development Manager Standard Life

Roisin O’Shea
Business Development Rothesay

Richard Quintian
Senior Actuary Pension Insurance Corporation (PIC)

Gavin Smith
Head of Pricing & Execution, PRT Legal & General

Daniel Tesmer
Senior Manager, Origination & Structuring, Bulk Annuities Scottish Widows

Joe Travis
Senior Pricing Development Manager Aviva