UK and US pension risk transfer market to exceed £250bn in next three years

UK volumes for 2024 ‘likely to exceed’ the £40bn achieved last year as market scales up

Jonathan Stapleton
clock • 2 min read
L&G chief executive of institutional retirement Andrew Kail
Image:

L&G chief executive of institutional retirement Andrew Kail

Over £250bn of combined UK and US pension risk transfer (PRT) volumes are forecast to be secured by insurers in the next three years, latest analysis from Legal & General (L&G) reveals.

The insurer's latest PRT Monitor, published today (6 September), reported a significant increase in the number of large pension plans coming to market in both the UK and US, putting the sector on t...

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