Nikhil primarily focusses on working with trustees and sponsors of defined benefit (DB) pension schemes to identify and implement appropriate risk transfer solutions.
He is an experienced adviser in the risk transfer market, providing advice on full scheme buy-in and buy-out transactions of all sizes.
Nikhil's main area of expertise is working with clients to determine their overall pensions strategy and advising on the preparation, approach to market and implementation of buy-ins and buy-outs.
Significant experience:
- Complex full scheme pension buy-ins and buy-out, ranging from £5m to £4bn+ in size
- Advising on residual risk, single premium transactions to minimise cost uncertainty for trustees and sponsors
- Advising corporate sponsors on the risk and costs associated with a risk transfer project and supporting the decision-making process, including at Board level
- Recent transactions led include the £600m buy-in for the ITV Pension Scheme, £300m buy-in for the William Hill Pension Scheme and the £330m buy-in for the Unisys Pension Scheme
- Lead adviser on 15+ transactions for schemes less than £100m in size
Other expertise:
Nikhil has strong relationships with all insurers and key advisers in the risk transfer market. These relationships help him identify opportunities for his clients, such as implementing price monitoring processes to maximise insurer interest and achieve optimal pricing and terms.
