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Pension risk transfer update

Pensions & benefits Endgame strategy and journey planning Pension risk transfer

Explore the market data and trends that are shaping the expansion of the pension risk transfer market.

Expanding horizons
in pension risk transfer

The pension risk transfer market saw record buy-in/out transaction volumes, numbers and individual transaction sizes in 2023.

Taken alongside the first UK superfund transfers and three new insurer entrants (plus one acquisition), the last 18 months have certainly seen rapid change in the pension risk transfer market and an expanding range of options and solutions for UK DB pension schemes considering their endgames.

In our latest pension risk transfer update, we explore the market data, trends and regulatory developments that are shaping the expansion of the market and examine how schemes are responding to the opportunities available.

What’s inside?

  • Increasing market capacity – how are existing insurers and new entrants driving capacity?
  • Developing solutions to current challenges – smaller schemes and illiquid asset holdings
  • Expanding alternatives to buy-in/out – including superfunds and new DB endgame options
  • Outlook for 2024 – where is pricing going?

Expanding horizons in pension risk transfer

Read the update

Read previous versions of our pension risk transfer update

2023: Navigating a changed bulk annuity market

Read now

2022: Are we in the calm before the storm?

Read now