Browsing: Secondary Life Markets

Despite property representing a major source of household wealth, equity release is largely still absent from retirement planning discussions in the UK, according to new research from Canada Life.

Melville-Kelly now reports to Jim Boyd, CEO, and remains director of risk and compliance; the restructure follows a December Extraordinary General Meeting (EGM) where members agreed to a special resolution broadening the Council’s remit across all forms of later life lending within the regulated mortgage environment.

Well over half (58%) of defined benefit pension scheme members in the UK would support their scheme running on to generate a surplus, according to the latest Excellence in Endgames research paper from Hymans Robertson.

The Dr. Martens Airwair Group Pension Plan has completed a £37.5m bulk purchase annuity buy-in with Pension Insurance Corporation. The deal covers the 455 plan members.

Well over half (58%) of defined benefit pension scheme members in the UK would support their scheme running on to generate a surplus, according to the latest Excellence in Endgames research paper from Hymans Robertson.

The Life Insurance Settlement Association has added AIR Asset Management’s Taylor Garvey as a board member; Garvey has also been promoted to Managing Director at AIR, effective January 2026.

December saw a few developments in the PHL Variable Life Insurance Company rehabilitation story but a liquidation means much more is to come.

US reverse mortgage market awaits next steps in plan to reform HECM and HMBS programs.

Chris Conway, Managing Director at Vitaro Group, was appointed Chair of ELSA for 2026; Brandon Marz, Chief Strategy Officer at LifeRoc Capital, was appointed ELSA’s Deputy Chair.

Kosmos plans to manage RiverRock’s funds to the end of each fund’s life and not to raise more capital under the RiverRock name.