Pension risk transfer: The year in review

Tom Seecharan says the underlying story of the PRT market remains one of growth

clock • 3 min read
Tom Seecharan: Deal momentum is robust, competition is deepening, and capacity is broadening.
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Tom Seecharan: Deal momentum is robust, competition is deepening, and capacity is broadening.

The end of the year is nearly upon us, so it’s worthwhile reflecting on how the pension risk transfer (PRT) market has performed in 2025.

At the beginning, consultants predicted market volumes of between £40bn - £50bn, although it now looks like the market will come in more towards the lower end of this range (versus around £47bn in ...

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