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.
£11m transaction secures the benefits of all 15 deferred members and 25 pensioner members and completes the buy-in of all scheme liabilities.
It has been business as usual at the smaller end of the market with a significant number of deals being concluded.
Lack of blockbuster deals but market remains busy as more schemes seek to de-risk.
The temptation for schemes to reach blindly for the ‘quick and easy’ option is high, particularly for smaller schemes. This could result in requests for contributions from sponsors that are not strictly required, and lower returning investment strategies being implemented.
The deal, worth $800m, secures the retirement benefits of over 1,700 retirees and over 3,000 deferred members.
In total, the transactions insure the benefits of 1,127 pensioners and dependants as well as 1,365 deferred members,
The transaction, which was completed in June 2025, secures the benefits of over 3,500 members of the scheme
The total value of all three deals is £900m.
The deal secures the pensions of around 500 plan members.
The estimated retiree pension risk transfer cost is now 101.1% of a plan’s accumulated benefit obligation.