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.
£11m bulk purchase annuity buy-in with Just Group. The deal secures the benefits for 147 scheme members.
Business may be brisk in the UK pension risk transfer market, but human capital constraints mean lower activity than is potentially possible.
Greg Winterton spoke to Daniel Taylor, Client Director at Trafalgar House, to explore the essential priorities for trustees navigating the complex path toward de-risking.
All 500 members of the Videndum DB scheme and £43m of assets will transfer to the Clara Pension Trust, which will see Clara inject additional ringfenced capital into the scheme.
The latest results of its Milliman Pension Buyout Index (MPBI) shows that during March, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed 40 basis points, from 100.5% to 100.9% of a plan’s accounting liabilities.
Having entered into a full scheme pension buy-in with the trustees of the Noble Foods Limited Pension Scheme in April 2025, Utmost Life and Pensions has now issued 455 individual buy-out policies to scheme members and dependants less than a year after entering into the initial buy-in contract.
The transaction secures the benefits of 13 deferred and pensioner members with L&G and represents the second transaction completed under Isio’s PenUltimate Micro framework.
The positive changes in DB scheme funding over the last couple of years have presented new challenges and opportunities for schemes and a different set of decisions for trustees and sponsors.
2025 saw a shift in the risk transfer market towards smaller pension schemes, says Hymans Robertson in its latest report.
Highest ever volume of buy-in transactions show market in maturation stage.