Case Study: Allied Domecq Pension Fund secures a £3.8bn buy-in with Hymans Robertson

Allied Domecq Pension Fund secures £3.8bn buy-in with Hymans Robertson

The Allied Domecq Pension Fund sought to secure a significant bulk annuity buy-in to meet its long-term objectives. The Fund, advised by Hymans Robertson, faced the challenge of preparing for this complex transaction in a fast-moving and crowded market, which required meticulous preparation and flexibility.

Hymans Robertson helped the Fund prepare its assets, benefits, and data, implementing a streamlined approach to gather crucial marital status information. This preparation allowed the Fund to engage the market effectively and ultimately secure a £3.8 billion buy-in with Rothesay Life, covering over 27,000 members. The solution immunized the Fund against market fluctuations during final negotiations. Hymans Robertson's expertise in governance and project management was key to the transaction's success.

Allied Domecq Pension Fund