Recent years have seen a surge in such deals across the UK market due to improved funding levels.
This transfers the "longevity risk" from the company to the individual. reed elsevier pension buyout
: The company identifies changes in market values of scheme assets and valuation assumptions as potential risks to its business operations. Recent years have seen a surge in such
: Reed Elsevier's defined benefit schemes have historically held significant assets and liabilities—for instance, the UK scheme was valued at over £2 billion as early as 2007. reed elsevier pension buyout