Browsing: Pension Risk Transfer
Longevity and Mortality Investor’s coverage of the pension risk transfer market, providing analysis, commentary and insights on the global PRT space.
The buy-out transaction was completed in January 2025, with the buy-in having taken place in July 2024.
The transaction covers over 850 deferred members and approximately 650 pensioners.
Brookfield Wealth Solutions will operate under the Blumont Annuity UK brand.
Hymans Robertson report expects 2025 to have a record-breaking number of transactions, across both small and larger schemes.
The estimated retiree pension risk transfer cost is now 101.6% of a plan’s accumulated benefit obligation.
The transaction secures the benefits of all eight deferred members and eight pensioner members, completing the buy-in of all scheme liabilities.
The deal insures the benefits of 181 Scheme members, comprising 70 deferred members and 111 pensioners.
Growth in the purchase of bulk annuity contracts by small defined benefit (DB) pension schemes over the past couple of years has been accompanied by the emergence of templated transfer processes that speed the closure of deals, enabling insurers to execute more of them.
The increasing role – and influence – of ‘private equity’ firms in the US pension risk transfer (PRT) market in recent years has caught the attention of the media, regulators, and litigators.
The ‘buyer’ of a bulk annuity contact is the scheme’s trustees, who are required to take formal advice as part of the process. However, the views of the sponsor are important for any bulk annuity purchase, and they should be involved from the outset, particularly if additional funds need to be paid into the scheme.