Pensions & benefits

Pension risk transfer

When it comes to transferring your pension risk to an insurance company you only have one chance to get it right.

Butterfly on pink flowers

With LCP you’ll have the confidence you’re working with highly experienced, leading industry experts. We can help you on the whole journey, from designing your strategy, preparing well, agreeing the right deal, and managing a seamless post-transaction process – whether that be for a buy-in, buy-out or longevity swap.

Your goals and your members’ experience are at the heart of everything we do. 

As funding positions improve, more schemes and sponsors are looking to insurance. In the nascent Irish pension risk transfer market, it is vital that you partner with an experienced bulk annuity adviser to ensure that your scheme gets the most from insurers, in terms of price, transaction risk management and post-transaction onboarding.

Our tried-and-tested bulk annuity transaction process means that our clients can approach the market in confidence knowing they will get strong engagement from insurers and competitive pricing for the settlement of their liabilities.

LCP is leading key developments in the Irish market, including the design and delivery of non-pensioner transactions. 

How does this benefit you?

Well-resourced team

Our experienced and committed 60-strong core transaction team has the capacity to deliver your transaction within your desired timescales.

Strong relationships

Our proven track-record for well-run deals increases insurer engagement for your scheme.

Highly effective transactions

Deep experience, combined with strong project management, will ensure a smooth process with exceptional pricing and terms.

Specialist adviser

We slot in seamlessly with existing teams, providing unbiased advice with a sole focus on achieving your risk transfer objectives.

Insurer-side experience

Our team includes people who have held senior positions at insurers and reinsurers, as well within insurers’ administration teams. Their knowledge and personal insights are embedded within our transaction processes.

A joined-up, multi-disciplinary team

We work closely with other LCP specialists to provide you with holistic end-to-end advice, covering data services, longevity modelling, post-transaction support, and member communications, as well as comprehensive due diligence on insurer financial strength, and administration capabilities.

Get in touch

If you would like to know more about our services and how we can help you.

Contact us