Risk Reduction

Craig Turnbull and Rosie Fantom look at regulatory shifts and longevity trends

Hymans analysis shows total PRT volumes in 2024 expected to amount to £47.6bn

Deals with Swiss Re and RGA further protect scheme from unexpected life expectancy rises

Deal covers three schemes and secures the benefits for 5,100 retirees and 2,500 deferred members

Transaction covers two schemes and three sections sponsored by the Church of Scotland

Growth being driven by streamlined services for smaller schemes

Pub and hotel group said move demonstrates its financial strength and reduces liabilities

The summit will take place on Wednesday 26 March in London

Transaction secures the benefits of over 850 deferred members and 650 pensioners

Buy-in took place in July 2024, with buyout secured in January 2025