Insurance firm launched to challenge buyout market

clock

The Pensions Regulator's former chairman David Norgrove has launched an insurance company that aims to cut the cost of buyouts by encouraging sponsors to take an equity investment in the initiative.

Long Acre Life estimates it will be able to cut the cost of buy-outs from 140% to 120% of liabilities for schemes with liabilities of over £500m. Buyouts have become an increasingly attractive p...

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 Defined Benefit

Partner Insight: The Incredible Bulk - Smashing the 300 Barrier in 2025

Partner Insight: The Incredible Bulk - Smashing the 300 Barrier in 2025

Martin Bird, Senior Partner and Head of Risk Settlement, Aon
clock 18 December 2025 • 5 min read
Partner Insight: Unlocking opportunities - How trustees are navigating surplus reforms and embracing buy-in strategies

Partner Insight: Unlocking opportunities - How trustees are navigating surplus reforms and embracing buy-in strategies

The UK’s DB pensions landscape is entering a transformative phase

Claire Altman, Managing Director of BPA & Individual Retirement at Standard Life
clock 18 December 2025 • 3 min read
Four in five schemes open to surplus distribution, PwC finds

Four in five schemes open to surplus distribution, PwC finds

Survey finds surplus release and data challenges ‘dominating’ decision making

Holly Roach
clock 17 December 2025 • 2 min read
Trustpilot