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FTSE 1008,245.30+0.42%indicative
UK 10Y Gilt4.52%+3bpindicative
UK 30Y Gilt4.89%+2bpindicative
EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
FTSE 1008,245.30+0.42%indicative
UK 10Y Gilt4.52%+3bpindicative
UK 30Y Gilt4.89%+2bpindicative
EUR 10Y Bund2.68%-1bpindicative
GBP/EUR1.1642+0.12%indicative
GBP/USD1.2785-0.08%indicative
SONIA4.45%indicative
BoE Rate4.50%indicative
BPA 2026 YTD~£18bnindicative
Insurance Asset News
PRT & Longevity

Lloyds Banking Group pension trustees complete £5.5bn longevity swap with SCOR

15 February 2022·1 min read

Lloyds Banking Group pension trustees today completed a longevity swap that transfers responsibility for a £5.5bn bloc of liabilities in the Lloyds Bank Pension Scheme No. 1 to reinsurer SCOR, with Scottish Widows acting as the insurer. The contract covers pensions for more than 17,000 members and is…

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