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…

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…

CVC, Standard Life Form Joint Venture

The transaction represents another important step for CVC’s Credit & Insurance strategy, expanding the firm’s insurance asset management platform while creating additional opportunities to deploy its growing credit capabilities on behalf of its insurance clients. CVC Capital Partners has announced a strategic joint venture with Standard Life, a retirement specialist focused entirely on retirement savings and income, to establish a new Pension Ri…