The
Hewitt Buy-in Barometer is
an on-line tool that has been developed by our specialist Pension Risk Transfer
team.
The tool will allow you to calculate an estimate of the cost of insuring the
benefits of pensioners in your scheme through a UK insurer. As you may be
aware, the UK insurance market has undergone a period of significant change
over the last couple of years with a number of new entrants to the market
offering innovative and exciting products to pension funds. As a result of both
the current economic conditions we are experiencing, and the competitive market
pressure (hence the name "buy-in barometer"!) from these more recent
entrants to the market, there are great opportunities for schemes to insure
their pensioner benefits at reasonable cost.
You need only a few simple summary statistics for your scheme in order to use
the tool to calculate an estimate of the buy-in cost for the pensioners in you
rscheme. Please also see the on-line brochure we released on the UK buy-out
market entitled Elements of an Effective Buy-out for further information
on buy-ins and the opportunities available.
Click
here to
see the Hewitt Buy-in Barometer.