Risk transfer


This paper synthesises insights from a major industry roundtable of leading actuaries, trustees, legal advisers, investment managers, and covenant specialists, facilitated by the SPP.

The paper challenges traditional industry momentum by examining how improved funding positions, a £160 billion aggregate surplus across UK DB schemes, and new alternatives such as superfunds and capital run-on strategies have transformed the endgame landscape.

Although there have been many developments in the risk transfer process in recent years, there’s more that could be done in terms of both efficiency and effectiveness.

With this in mind, the SPP has published an insightful paper on how best to shape the future of the risk transfer process - “Less friction, better transfers: creating a more agile risk transfer process.”