The Liquidity Kink Revisited
In 2022, we wrote about a feature of the pensions risk transfer market we termed ‘the liquidity kink’. A year on, many pension schemes can now afford to buy-out with an insurer, yet schemes still hold illiquid assets.
In 2022, we wrote about a feature of the pensions risk transfer market we termed ‘the liquidity kink’. A year on, many pension schemes can now afford to buy-out with an insurer, yet schemes still hold illiquid assets.