Cost effective buy-ins for smaller schemes
Cost effective buy-ins for smaller schemes
Schemes with assets of less than £100m can often find accessing the bulk annuity market challenging. Many of these schemes report difficulties in building insurer engagement and find pricing and terms unattractive. Through working closely with insurers specialising in smaller schemes (typically Aviva, Just, Legal and General and PIC) and DLA Piper LLP, XPS has developed XPS Xpedite which can help smaller schemes achieve simpler and better outcomes in the bulk annuity market at a lower cost.