Longevity swaps trickle down

Jack Jones examines the Bentley scheme longevity swap and what it means for the market

clock • 2 min read

The £400m longevity swap secured by the Bentley pension scheme is evidence that increasingly small transactions are becoming viable, say consultants.

Aon Hewitt partner Matt Wilmington says: "This is smaller than we have seen to date, with most transactions being in the £1bn to £3bn range, and demonstrates the appetite from insurers and reinsure...

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