DB scheme transfers to insurers set to 'skyrocket'

Combined scheme liabilities fell by £1trn in a year

Martin Richmond
clock • 1 min read
Finch: "Once schemes have navigated the recent market turmoil, they should reassess their strategy"
Image:

Finch: "Once schemes have navigated the recent market turmoil, they should reassess their strategy"

The recent market instability is expected to lead to a substantial increase in defined benefit (DB) schemes transferring their liabilities to insurers, according to analysis from Lane Clark & Peacock (LCP).

The consultancy has warned that as a result of the financial turbulence caused by last month's Mini Budget, which saw a sharp rise in long-term yields, significant short-term challenges have been c...

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 Industry

SPP publishes Pension Schemes Bill call for evidence response

SPP publishes Pension Schemes Bill call for evidence response

SPP reiterates opposition to proposed mandation powers for scheme investment

Martin Richmond
clock 22 August 2025 • 3 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Reeves eyes £2bn raid on tax-free pension lump sum, areas for Budget pension reform, BPA market expectations

Professional Pensions
clock 22 August 2025 • 1 min read
Good News Corner: PP staff walk 30km for charity

Good News Corner: PP staff walk 30km for charity

PP team walked 30km around London to raise money for Incisive Media foundation charities

Professional Pensions
clock 22 August 2025 • 1 min read
Trustpilot