Longevity swaps are rapidly outpacing the value of buyout and buy-in deals with risk transfer volumes hitting a new high of £11bn last year, latest figures show.
Schemes undertook £7bn of longevity swaps in 2011, led by big deals from ITV, Rolls Royce and British Airways, compared to more than £4bn worth of buy-outs and buy in deals, statistics from consult...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date