Buy-In
Enable your pension scheme to meet future benefit payments to insured members, even if longevity increases or market conditions and returns on assets deteriorate.
How it works
Pension scheme trustees buy a bulk annuity contract (insurance policy) for a single up-front premium. In return, we agree to pay the actual insured benefits of all or some of the scheme members for as long as they live.
Your scheme retains ownership of members' liabilities, trustees maintain links with the corporate sponsor and continue to manage benefit payments made to insured members.
Why it is secure
The insurance policy is held as an asset within the scheme, producing an income matching the insured benefit payments.
As Rothesay Life is an insurer regulated by the Financial Services Authority (FSA), we must hold surplus assets (capital). These assets are monitored by the FSA to ensure we can meet insured payments – even in an economic downturn.
Options
There are various options to deliver enhancements to the security if desired by the trustees.
For examples of our buy-in solutions,
To discuss how we can help you, call us now on +44 (0) 20 7552 4944