Font control

Increase or decrease website font size.


How we work with the trustees of UK defined benefit pension schemes

Securing scheme members’ benefits

Our first priority is to fulfil our purpose, which is to pay our policyholders' pensions, in full, now and in the future. As the first step in that process, we’ll partner with you to deliver a tailored solution that meets your scheme’s specific objectives.

Understanding your needs

Keeping abreast of complex regulatory requirements, assessing longevity risks and investing for the long term is complex and time consuming. That’s why more and more trustees are looking to remove risk from their scheme.

Working in partnership

Pension risk transfer, bulk purchase annuities, de-risking, the end game. However you refer to your project, we’ll become an extension of your team and support you whatever the shape and desired timeline of your transaction.

Delivering excellent service

We’ve already secured the pensions of 339,900 scheme members through more than 270 transactions – providing certainty for our policyholders, and peace of mind for trustees. More than 99% of our policyholders are satisfied or more than satisfied with our customer service levels.

Over 270

scheme transactions*

99.3%

policyholder satisfaction*

£13.6bn

total pensions paid (buyouts and buy-ins 2013-2023)*

*as at December 31, 2023


Focused on security, committed to delivering the highest levels of customer service

We are entirely focused on the commitments we make, managing risk, and ensuring we fulfil our purpose. As your partner, we deliver financial security and the very best service for you as a trustee. 






What we do

Buy-in or buyout?

Our experience


Our use of cookies

We use cookies that are necessary to make our site work, if you use the text size control on our website to improve your viewing experience, this will set a functional cookie to maintain the font size for each page until you leave our site.

For more detailed information about the cookies we use, see our Cookie Policy


Analytics cookies

We’d also like to set analytics cookies to help us improve it; we will only do so if you give us permission by selecting ‘Enable Analytics’, or by selecting ‘Manage Cookies’ and clicking the ‘Enable analytics cookies’ checkbox. 

: