Scheme sponsors, trustees and their advisers can choose a tailored insurance solution to mitigate or eliminate risk according to their particular requirements.
Pension Insurance Corporation will insure the many risks associated with pension schemes including longevity, investment, inflation and interest rate risk as well as offering the partial insurance of different tranches of scheme members.
The security of insured pensioners is based on the extreme conservatism of valuation methodology combined with up to the minute longevity calculations and the heavy capital adequacy provisioning of a fully authorised pension insurer.
By insuring with Pension Insurance Corporation,
sponsors and trustees of schemes are able to minimise
or eliminate the extent of and risk attached to their
pension liabilities, leaving them free to:
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release capital to fund business development
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focus on the sponsor’s core business goals
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reassure all beneficiaries for the long term
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fulfil the Trustees objective of securing the benefits to the scheme members
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