Browsing: Longevity and Mortality Risk Transfer
Longevity and Mortality Investor’s coverage of the longevity and mortality risk transfer market, including pension risk transfer, longevity swaps and other de-risking activities.
The UK’s pension risk transfer market is poised for growth in 2026, with activity expected to surpass 2025 as larger schemes undertake more de-risking transactions, according to WTW’s annual De-risking report.
The transaction completed in January 2026 and secures the benefits of all pensioner and deferred members of the legacy defined benefit scheme. The deal is to be followed by an accelerated move to full buyout by April 2026.
£155m bulk purchase annuity buy-in across three schemes covers 1,671 scheme members.
The transaction means that all members of the scheme now have their benefit entitlements insured, with this transaction with Just Group covering 215 members – 170 pensioners and 45 deferred members.
Standard Life report calls for clear communication and practical support to reassure members during the transition to buy-out when schemes achieve endgame strategies.
£55m full scheme bulk purchase annuity buy-in covers the pensions of 667 members.
The scheme is sponsored by the British Board of Agrément Holdings Limited, a construction product performance assessment, testing and certification firm. The transaction secures the benefits of all of the 39 deferred members and 82 pensioner members in the scheme, covering all of the scheme’s liabilities.
Transaction enables accelerated growth, strengthens term life and pension risk transfer solutions.
The UK pension risk transfer market has leapt past an extraordinary milestone, with over £500bn of transactions completed since 2007, according to analysis by Hymans Robertson.
The Scheme is sponsored by Royal Star & Garter, a UK charity that provides care for veterans and their partners living with disability or dementia; the transaction was completed in November 2025 and secures the benefits of 251 members.