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
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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...

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