'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

LCP says record insurer capacity has exceeded short-term demand

Holly Roach
clock • 2 min read
'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

“Intense” competition in the pensions insurance market is driving “unprecedented” pricing for UK defined benefit (DB) schemes, LCP says.

The consultancy's latest pension risk transfer market update, published today (9 June), revealed buy-in pricing reached its most competitive levels yet during Q1 2026, with pricing largely unaffect...

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