Risk transfer market set to reach record volumes in 2023, says L&G

Unprecedent acceleration in demand’ driving record demand for bulk annuity transactions

Martin Richmond
clock • 2 min read
Kail: This exciting time represents an inflection point for our market
Image:

Kail: This exciting time represents an inflection point for our market

The risk transfer market saw record-breaking volumes in both the UK and the USA in the first half of the year, research from Legal & General (L&G) has shown.

The latest update to the group's Global Pension Risk Transfer (PRT) Monitor, published by L&G Retirement Institutional (LGRI) and L&G Retirement America (LGRA), revealed the UK market attained an "...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Risk Reduction

Hille Ergonom Pension Scheme completes £4m buyout with Aviva

Hille Ergonom Pension Scheme completes £4m buyout with Aviva

The deal secures the benefits of 74 members who also benefitted from surplus assets

Holly Roach
clock 18 March 2026 • 2 min read
Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Traffic jams and roadblocks leaving micro DB schemes in the endgame slow lane

Nick Johnson says a joined-up approach gives trustees the best route to insurer engagement

Nick Johnson
clock 13 March 2026 • 3 min read
M&G completes first with-profits BPA and announces £1.5bn of volumes in 2025

M&G completes first with-profits BPA and announces £1.5bn of volumes in 2025

Firm’s full-year results show 65% year-on-year growth in BPA sector

Linus Uhlig
clock 12 March 2026 • 2 min read
Trustpilot