Jack Jones looks at the implications of BT's record-breaking risk transfer exercise.
The £16bn longevity swap between BT and Prudential Insurance Company of America (PICA) broke new ground in the risk transfer market. At more than three times bigger than the £5bn Aviva transaction ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
