Improved funding to result in 'surge' in BPA deals

Majority of DB trustees will approach insurer about de-risking in the near future

Jasmine Urquhart
clock • 1 min read
86% of DB trustees think they will approach an insurer in the next five years
Image:

86% of DB trustees think they will approach an insurer in the next five years

There is expected to be a “surge” in bulk annuity deals as the majority (86%) of defined benefit (DB) scheme trustees say they will approach an insurer about such a deal in the next five years, Standard Life says.

Research from Standard Life, which asked 50 DB trustees of large schemes over £100m in size about their de-risking plans, found half (50%) said they will consult on completing a bulk purchase annui...

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 Risk Reduction

Schemes urged to 'tackle the tough questions' when deciding endgame strategy

Schemes urged to 'tackle the tough questions' when deciding endgame strategy

LCP urges stakeholders to ‘grasp the nettle’ to avoid ‘sleepwalking’ into endgame strategy

Jonathan Stapleton
clock 19 November 2024 • 2 min read
Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Walkers Shortbread scheme bakes up £34m buy-in deal with L&G

Transaction secures the benefits of 161 retirees and 238 deferred members

Holly Roach
clock 14 November 2024 • 2 min read
UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

UPDATE: Brookfield enters into first UK reinsurance deal as G4S scheme secures £1.8bn full buy-in with Just Group

Insurer’s largest risk reduction deal to date secures benefits for around 22,500 members

Martin Richmond
clock 14 November 2024 • 4 min read
Trustpilot