Insurance companies now account for 6.5% of all UK defined benefit (DB) pension scheme liabilities following another record year for risk transfers.
Figures from Hymans Robertson showed insurers managed the risk associated with £110bn worth of liabilities after £38bn was insured in 2014 - over twice as much as the previous year. There was a ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
