• Series of four videos created to give trustees the inside track on the transition process
• James Mullins, Head of Risk Transfer at Hymans Robertson, shares his expertise in conversation with Just Group’s Relationship and Transition Senior Manager, Louise Ellisdon

Just Group is delighted to launch a new series of four videos to provide pension trustees and their administrators with a guide to the practicalities of the risk transfer transition process. These videos are designed to help them understand exactly what to expect after a bulk annuity contract is signed, before it can move into a ‘business as usual’ administration process and then ultimately buyout.

In the videos, James Mullins, Head of Risk Transfer at Hymans Robertson, interviews Just Group’s Relationship and Transition Senior Manager, Louise Ellisdon, about what it takes to transition a scheme through to ongoing administration and buyout, covering some key aspects of the data cleanse process.

While the importance of good preparation for schemes targeting a de-risking transaction is spoken of often, the details of the transition process have received less attention.

James Mullins, Head of Risk Transfer at Hymans Robertson, commented:

“As an industry we often focus on the path to signing the annuity contract, but what follows is equally important.

“So far, this part of the journey hasn’t received much focus and with an increasing number of schemes closer to being ‘buyout ready’, we hope trustees and others in the industry will find these videos helpful in what is expected to be an increasingly busy market.”

Louise Ellisdon, Relationship & Transition Senior Manager at Just Group, said:

“Our aim is to help trustees and their administrators get to ongoing administration as quickly and smoothly as possible.

“This series of short videos has been designed to help them learn what’s involved during the transition process so they know what to expect and can prepare.”

The videos can be viewed here:

What is data cleanse?

GMP equalisation during data cleanse

Why insurers price twice?

Moving to buyout