Total transaction volume for 2021 almost £30bn, says L&G

Global pension risk transfer monitor estimates a significant year of deals ahead

Hope William-Smith
clock • 1 min read
A total of £22bn is confirmed as secured for H2 2021 so far
Image:

A total of £22bn is confirmed as secured for H2 2021 so far

Improved pension scheme funding levels and competitive longevity reinsurance pricing drove total transaction volume in the risk reduction market to almost £30bn in 2021, Legal & General (L&G) estimates.

The firm's global pension risk transfer (GPT) monitor - which analyses industry trends and market outlooks in the UK and US - saw strong growth in the second half of last year in the UK which is pr...

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

What a £550bn BPA market really means

What a £550bn BPA market really means

Jon Yarker looks at what sustained high transaction volumes mean for the industry

Jon Yarker
clock 09 February 2026 • 7 min read
Argent Group scheme secures £16m buy-in with Just Group

Argent Group scheme secures £16m buy-in with Just Group

Transaction secures the benefits of 170 pensioners and 45 deferred members

Holly Roach
clock 09 February 2026 • 2 min read
Deloitte UK DB scheme secures 'ambitious' £700m BPA deal with Standard Life

Deloitte UK DB scheme secures 'ambitious' £700m BPA deal with Standard Life

Transaction secures the benefits of all the pensioner and deferred members of the legacy scheme

Holly Roach
clock 09 February 2026 • 3 min read
Trustpilot