Specialist DB insurer wrote £6.9bn of new business premiums in 2023
Insurer says DC pots could be renamed to ‘retirement funds’ to better engage members
Insurer also expects to see more than £200bn of risk transfer demand in next three years
Follows record buy-in of RSA schemes which insured the pensions of 40,000 members
Forcing DB pension schemes to invest in UK equities is a shortcut to a policy disaster
DB insurer reveals it has paid out £10.6bn of liabilities since 2013
The firm posted strong half-year results and a ‘robust’ balance sheet
The development is the insurer’s first build-to-rent development
The project will provide 306 new residential homes, 43 of which will be affordable housing
Insurer sees subdued start to the year in similar experience to wider market