£1.7bn ITV deal predicted to spark longevity swaps surge

clock

A dozen longevity swap deals are set to complete in the next 18 months after the £1.7bn ITV Pension Scheme deal reinvigorated the market, a consultant says.

ITV trustees entered into the swap with Credit Suisse which fully hedges the longevity risk of 12,000 pensioner members. The deal, announced on Monday and the third largest ever in the UK, will ...

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 Investment

Gilt yields rise as part of sell-off of government debt

Gilt yields rise as part of sell-off of government debt

Investor unloading of US Treasuries drags government borrowing costs higher globally

Jonathan Stapleton
clock 09 April 2025 • 1 min read
LPFA allocates £250m to environmental fund

LPFA allocates £250m to environmental fund

3% allocation to be invested by LPPI as part of IIGCC climate solutions commitment

Jasmine Urquhart
clock 08 April 2025 • 1 min read
Border to Coast commits £80m to energy transition and life sciences

Border to Coast commits £80m to energy transition and life sciences

Builds on more than £1bn invested into the country’s private markets on behalf of partner funds

Holly Roach
clock 08 April 2025 • 1 min read
Trustpilot