Hymans Robertson On...

Private markets investors are increasingly looking beyond traditional direct lending opportunities. One area gaining attention is capital call financing, a niche but growing segment of the fund finance market that offers access to investment-grade private credit risk.In this episode, Viran Patel from Hymans Robertson is joined by Penny Cochrane and Shelley Morrison from Aberdeen. Together, they explore how capital call financing works, why the market has grown so rapidly and the role it can play within institutional portfolios.They discuss the evolution of the market, the shift from bank-led lending to greater participation from non-bank investors and the factors driving demand. They also explore the risk and return profile of these facilities, including the importance of manager selection, operational expertise and the quality of underlying investors.You'll hear how capital call financing differs from other private credit strategies, where it may fit within an investment-grade portfolio and the key considerations for investors assessing the opportunity.If you have questions on anything covered throughout the episode, please get in touch.Hymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

In this episode of Hymans Robertson On..., Kirsty Moffat, Senior DC Investment Consultant, presents the latest DC quarterly round-up. In this instalment, Kirsty discusses:Pension reforms and oversight: The New Pension Schemes Bill introduces mandatory value-for-money assessments, scale targets for master trusts, automatic small pot consolidation, and required default decumulation options. Meanwhile, the new Pensions Commission focuses on retirement adequacy, long-term outcomes, state pension age review, and challenges of an aging population.Industry commitments and standards updates: Seventeen leading DC providers have pledged through the Mansion House Accord to invest at least 10% of their default funds in UK economy-supporting assets by 2030. At the same time, the Retirement Living Standards have been updated to reflect cost-of-living changes, with varying impacts across minimum, moderate, and comfortable lifestyles.Pensions dashboards and market volatility management: Progress continues as pension schemes connect to the dashboard system with regulatory support to aid trustee compliance. Trustees are encouraged to monitor member behaviour, communicate economic impacts, promote guidance-seeking before investment changes, and regularly review investment strategies amid market volatility.Hymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation.Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

In this episode of Hymans Robertson On… Retirement, our host Kirsty Moffat is joined by Rona Train for a personal and powerful conversation about preparing for life after work, and why our industry needs to do more to support members as they approach retirement.As Rona prepares to step back after nearly 40 years in pensions, she shares her own retirement journey: the emotional ups and downs, the unexpected life events that shaped her timing, and how financial advice gave her the clarity and confidence to take the next step.Together, Kirsty and Rona explore:The emotional and psychological impact of retiringThe value of tailored support and trusted adviceHow schemes and employers can better prepare members for life beyond workWhether you're running a scheme, advising members, or thinking about your own retirement, this episode is a powerful reminder that support shouldn't stop at the numbers, it should help people feel confident, prepared and in control.Hymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme.The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

Recorded live at our Pensions and Retirement Conference 2025, this special edition of “Hymans Robertson On…” explores the government's role in improving pensions and building a more inclusive and sustainable system for the future.This episode tackles the big questions facing UK pensions policy, from adequacy and inclusion to long-term resilience, and considers how the next phase of reform can drive meaningful change for millions of savers.With perspectives from across the industry, the panel examines the role of state provision, the need for joined-up thinking, and how government, regulators and the industry can work together to create a system that delivers better outcomes for both today’s and tomorrow’s retirees. Hymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson. The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

This special edition of Hymans Robertson On… recorded live at our 2025 Pensions and Retirement Conference, explored the trends, challenges and innovations shaping the future of the UK pensions industry.In this session, Lara Desay is joined by James Mullins and Michael Abramson to unpack what’s next for the risk transfer market: a fast-evolving space that has seen record-breaking volumes and increasing complexity in recent years.From supply and demand dynamics to capacity constraints, evolving product options and the growing administration backlog, the conversation offers a candid look at the opportunities and risks facing trustees, sponsors and insurers alike. The panel dives into emerging solutions such as funded reinsurance, the growing role of superfunds, and the critical importance of member experience and insurer selection during the buy-in to buy-out journey. Hymans Robertson disclaimer This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.

In this episode of Hymans Robertson On... Investment, our host, Amy Sutherland is joined by fellow colleague, Jaid Longmore, a Responsible Investment Consultant at Hymans Robertson and Helen Price, Co-chair of the Asset Owner Diversity Charter (AODC) to discuss diversity, equity and inclusion (DEI) across the pensions and investment industry. Throughout the episode, our three experts cover topics such as: The importance of DEI for investors. How initiatives like the AODC help to advocate for standardisation in reporting and facilitating the process of enagegment.Addressing recent headwinds surrounding DEI and the future of DEI in the pensions and investment industry.We hope you enjoy listening to this episode. If you have any questions or would like to discuss anything further, please get in touch. Related contentBuilding a more inclusive investment industry with the AODCResponsible Investment News & Views - Q2 2025For more about the AODC, find their website here. New Financial analysis: Women in FinanceBreaking the Class Barrier Recommendations ReportEquality (Race and Disability) Bill: mandatory ethnicity and disability pay gap reporting2024 Edelman Trust BarometerHymans Robertson disclaimerThis podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.