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Risk transfer volumes reach record levels in 2023

The UK pension risk transfer (PRT) market saw record volumes in 2023 while volumes in the United States were the second largest on record, Legal & General research shows. ....

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Codes of practice, delivery and PRT: The industry's hopes (and fears) for 2024

2023 has been a truly momentous year in the world of pensions. ....

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Risk transfer market set to reach record volumes in 2023, says L&G

The risk transfer market saw record-breaking volumes in both the UK and the USA in the first half of the year, research from Legal & General (L&G) has shown. . ....

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Preparation key in 'booming' bulk annuity market

It is important for defined benefit (DB) schemes to undergo thorough preparation when it comes to undertaking a buy-in or buyout transaction, according to Legal & General Retirement Institutional chief executive Andrew Kail. ....

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Tui agrees £800m buy-ins with L&G

Global travel firm Tui has agreed two buy-ins worth a total of £794m with Legal & General (L&G) Assurance Society, insuring two sections of the Tui Group UK Pension Trust. ....

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