Matheson hosts seminar on pension risk reduction
Lawyers from Matheson’s pensions and financial institutions groups, and industry experts from Herbert Smith Freehills and Mercer, yesterday held a seminar on reducing pension risk.
The topic under discussion was using bulk annuities to reduce risk in defined benefit pension schemes.
Factors
Factors including ongoing market volatility, historically low interest rates, and increased longevity have increased the risks connected with defined benefit scheme funding.
This has led to increased interest in liability management exercises, including bulk annuity transactions, in the Irish market.