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.
During August, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 100.1% to 100.0% of a plan’s accounting liabilities.
Completed in June 2025, the transaction secures the benefits of over 1,000 pensioners and dependents as well as over 750 deferred members.
Fenwick’s pension schemes have completed bulk purchase annuity buy-in transactions totalling £113m with Aviva. The transactions are part of a series of deals that stretch back to 2012.
Buy-in insures the benefits of all 348 members of the defined benefit section of the Scheme, sponsored by Welcome Break Group Ltd.
Recent M&A activity could continue as market continues to boom.
GMP Equalisation is continuing to be a significant hurdle for DB pension schemes on the final stretch to buyout but with the right tools, support and technology, these obstacles don’t have to derail transactions.
The pension risk transfer market in the UK has delivered plenty of talking points in 2025 so far in what has been another busy year for the space. Greg Winterton spoke to Pretty Sagoo, Managing Director of Defined Benefit Solutions at Just Group, to get a risk buyer’s perspective on the current state of the market and the outlook for the balance of the year.
Dutch schemes are moving to buy-outs to sidestep recently introduced rules that require all defined benefit plans to runoff and switch to defined contributions frameworks by the start of 2028.
£1m bulk purchase annuity buy-in, completed in June 2025, insures the benefits of all members of the scheme.
£1m bulk purchase annuity buy-in, completed in June 2025, insures the benefits of all members of the scheme.