Standard Life Targets Large DB Schemes with £2bn Pension Risk ...

Standard Life launches $2.7 billion UK pension venture with CVC ...

Standard Life targets large DB schemes with £2bn pension risk ...

Fresh capital backing will support competition for the UK’s largest pension risk transfer deals

Standard Life partners with Goldman Sachs and CVC to fuel pension risk transfer business

Standard Life has struck a deal with a group of global finance giants including CVC and Goldman Sachs in a bid to accelerate its push into the booming pension risk transfer market. The FTSE 100 group has joined forces with a CVC-led consortium, which also includes insurer Prudential, to commit as much as £2bn over the next five years. The sum includes £500m from Standard Life, which the insurer expects to fund from its annual excess cash generat…

Private credit managers eye UK DB pension funds

Private credit managers are increasingly looking to Britain’s £1tn-plus defined-benefit pension market as a source of capital, as insurers allocate a growing share of their portfolios to private assets, according to a report by the Wall Street Journal. The trend was highlighted by a new partnership involving Standard Life, CVC Capital Partners, Goldman Sachs and PGIM, under which investors will commit $2bn to private-market assets. Standard Life…

Standard Life expands UK PRT offering

UK pension provider and insurer Standard Life has launched a strategic partnership to expand its pension risk transfer (PRT) business, focusing on the largest and most complex defined benefit (DB) schemes. CVC Capital Partners, Prudential Financial, Goldman Sachs and MS&AD Insurance Group are part of the consortium, whose initial capital commitment will target up to […] The post Standard Life expands UK PRT offering appeared first on Alternative…