The BBC Pension Scheme has completed a £6bn longevity swap with Zurich and MetLife.
The transaction covers around 21,000 members and is the second longevity swap the scheme has completed with Zurich, following a £3bn deal in 2020. The transactions hedge the risks associated with n...
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





