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...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Brother Staff Retirement Benefits Scheme secures £56m buy-in with Just Group

Brother Staff Retirement Benefits Scheme secures £56m buy-in with Just Group

Transaction secures the benefits of all 679 scheme members

Holly Roach
clock 18 August 2025 • 3 min read
Misys Retirement Benefits Plan secures £25m buy-in with L&G

Misys Retirement Benefits Plan secures £25m buy-in with L&G

The transaction secures the benefits of 190 scheme members

Holly Roach
clock 14 August 2025 • 2 min read
How Rolls-Royce's £4.3bn PRT deal has raised the bar on member experience

How Rolls-Royce's £4.3bn PRT deal has raised the bar on member experience

David Fink and Katie North-Walker look at how to provide ‘Rolls-Royce’ member service

David Fink and Katie North-Walker
clock 14 August 2025 • 6 min read
Trustpilot