'Muted' volumes in PRT market during H1 2025

But Hymans Robertson says market remains ‘vibrant’ despite lowest H1 volumes since 2021

Martin Richmond
clock • 3 min read
Desay: Looking ahead, we expect the second half of 2025 to be particularly active
Image:

Desay: Looking ahead, we expect the second half of 2025 to be particularly active

The defined benefit (DB) pension risk transfer (PRT) market saw “muted” volumes in the first half of the year, research by Hymans Robertson finds.

The consultant's analysis of the PRT market between 1 January and 30 June showed there were 161 deals completed, with transaction volumes of £9.8bn, which it said represented the lowest H1 volumes ...

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

Siemens Healthineers UK scheme agrees £213m buy-in with PIC

Siemens Healthineers UK scheme agrees £213m buy-in with PIC

Transaction secures the benefits of 703 pensioners and 967 deferred members and dependants

Holly Roach
clock 13 January 2026 • 1 min read
DB funding remains steady in December, Broadstone finds

DB funding remains steady in December, Broadstone finds

Broadstone index finds both its modelled schemes made steady progress during 2025

Jasmine Urquhart
clock 08 January 2026 • 1 min read
NG Bailey scheme completes £155m buy-in with PIC

NG Bailey scheme completes £155m buy-in with PIC

Bulk purchase annuity transaction secures the benefits of 1,581 members

Martin Richmond
clock 08 January 2026 • 1 min read
Trustpilot