All pension risk transfer (PRT) articles
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NewsBuyout boom cements insurance as top endgame for UK DB pension funds
LCP projects a continued ‘healthy’ pipeline of £350bn to £550bn of buy-in transactions over the next decade
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NewsPhoenix eyes private capital deal to scale PRT business
The insurer has had ‘initial discussions regarding a potential third-party partnership’ to accelerate the growth of its pension risk transfer business
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NewsFord pension funds complete £4.6bn buy-in deal with L&G
The buy-ins were completed as part of one combined transaction, which secures the benefits of over 35,000 retirees across two pension funds
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NewsUK risk transfer market expects lower volumes but higher transaction numbers
While small transactions have been gaining momentum, there have also been a significant number of large transactions so far this year
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NewsNN Life & Pensions in €4bn longevity reinsurance deal with Prudential Financial
The reinsurance deal covers around 96,000 policyholders and was arranged through PFI’s primary US insurance subsidiary
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NewsJust Group to be acquired by Brookfield Wealth Solutions in £2.4bn deal
BWS intends for Blumont and Just to operate as a single, consolidated insurance group under Just Group brand
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NewsL&G partners with Blackstone to accelerate growth ambition
L&G looks to enhance its competitive advantage in annuities market and bolster its asset management position in key geographies
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Opinion PiecesViewpoint: Five trends to watch in the European pension risk transfer market
Rohit Mathur of Prudential Financial says UK de-risking trends are being seen globally, driving demand for PRT and longevity hedging solutions
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NewsAQA Education completes £120m full scheme buy-in with Rothesay
The transaction insures the benefits of all 869 scheme members, comprising 471 pensioners and dependants, as well as 398 deferred members
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NewsBulk purchase annuity transactions hit record number in 2024
298 bulk purchase annuity transactions were completed in 2024, an increase from 227 in 2023
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Country ReportInnovation reshapes the UK pension risk transfer market
Spurred on by improved DB scheme funding, the market has seen both new entrants and returnees
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NewsLCP predicts new DB superfund and insurer PRT entrant in 2025
Consultancy expects 2025 to be another bumper year with £40-50bn of buy-ins
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AnalysisDB schemes indicate growing preference for retaining assets
But buyout remains preferred option, according to UK pensions industry
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NewsSmart Pension completes tenth acquisition bringing AUM to £6bn
The master trust anticipates reaching £10bn in AUM within three years
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Country ReportSolvency UK: tweaks likely to bring only marginal gains
The UK’s reforms of the Solvency II framework are unlikely to be enough to usher in a big wave of investment in domestic productive assets by insurers
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Special ReportRisk transfer special report: Pension liabilities shift to insurers
New players are waiting to enter the UK pension risk transfer market but this will depend on how accommodating Solvency UK will be
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Special ReportAllianzGI partners with DBR to offer pension risk transfer
A new joint venture allows corporates to offload pension obligations to an innovative corporate structure
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NewsUK pension schemes concerned over insurer capacity as they approach endgame
The total deal value for bulk annuity transactions is expected to reach ‘well over’ £40bn in 2023
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NewsBuy-in roundup: Safeway completes £1.4bn deal with Rothesay
Plus: Ibstock Pension Scheme’s £190m buy-in with Just Group; Market volatility pushes buy-in/buyout volumes
