Half of all £2trn DB liabilities will be insured by 2031

£1/3trn of liabilities has already been insured, covering 1.4 million members’ benefits

Holly Roach
clock • 2 min read
The firm said the risk transfer market has 'taken off'
Image:

The firm said the risk transfer market has 'taken off'

Half of the UK’s £2trn defined benefit (DB) pension liabilities will be insured within ten years, Hymans Robertson predicts.

The consultant's annual Risk Transfer Report - published today (17 February) - revealed £1trn of pension scheme liabilities will have been insured by 2031, covering the benefits of some five millio...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: Cadent Gas Pension Trustee selects Northern Trust as custodian

Tender Watch: Cadent Gas Pension Trustee selects Northern Trust as custodian

Appointment follows detailed due diligence exercise that was managed independently

Professional Pensions
clock 30 October 2024 • 1 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
One third of DB schemes report rise in running costs

One third of DB schemes report rise in running costs

TPT research finds on average DB scheme running costs rose by 37% in the last year

Martin Richmond
clock 24 September 2024 • 2 min read
Trustpilot