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Pension liabilities of £70Bn transferring to Insurers.
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Dennis .
Posted: 27 January 2025 10:41:22(UTC)
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I was just reading an article in the FT about the huge transfers going on of private pension schemes into Insurance companies. These transfers must be profitable or they wouldn't happen so is there an OEIC or IT or ETF that would cover this sector. Any thoughts?
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Shetland on 27/01/2025(UTC)
Busy doing nothing
Posted: 27 January 2025 12:40:26(UTC)
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I tend to hold small amounts of life insurance companies directly, such as M&G, Phoenix, L&G, and Aviva, mainly for the divi's.
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4 users thanked Busy doing nothing for this post.
ANDREW FOSTER on 27/01/2025(UTC), Thrugelmir on 27/01/2025(UTC), Frank Spencer on 27/01/2025(UTC), Ian Eccles on 27/01/2025(UTC)
Shetland
Posted: 27 January 2025 12:53:13(UTC)
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Joined: 13/03/2015(UTC)
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Dennis .;332345 wrote:
I was just reading an article in the FT about the huge transfers going on of private pension schemes into Insurance companies. These transfers must be profitable or they wouldn't happen so is there an OEIC or IT or ETF that would cover this sector. Any thoughts?


Would you have a paywall free link to the article
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Frank Spencer
Posted: 27 January 2025 13:01:48(UTC)
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Shetland on 27/01/2025(UTC)
Ian Eccles
Posted: 27 January 2025 13:44:28(UTC)
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Busy doing nothing has got the right idea but don't forget to add Chesnara to the list.

I have Phoenix. M&G & L&G and not forgetting Chesnara in my portfolio, all pay good dividends
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Busy doing nothing on 30/01/2025(UTC)
Peter61
Posted: 27 January 2025 13:54:44(UTC)
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I suspect the margin is quite limited because there are several insurance companies competing for this business.

Pete
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Dennis . on 27/01/2025(UTC)
Toadfish
Posted: 30 January 2025 16:17:02(UTC)
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I also hold Phoenix & L&G but wondering what the risks are given the financial climate we seem to be moving into....people living longer, fewer workers etc?
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Thrugelmir
Posted: 30 January 2025 16:47:08(UTC)
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What grabs the attention is the headline figure. Reminded of the old adage. Turnover is vanity, Profit is sanity, but Cash is always king.

Might well be that they are managing some of these scheme assets already.

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Andy JR
Posted: 01 February 2025 06:26:37(UTC)
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Dennis .;332345 wrote:
I was just reading an article in the FT about the huge transfers going on of private pension schemes into Insurance companies. These transfers must be profitable or they wouldn't happen so is there an OEIC or IT or ETF that would cover this sector. Any thoughts?


I got a letter this week from LGEN saying that my DB pension had been transferred to them and they will be responsible for payments from now on.
Small scheme £400 million, 2500 pensioners.
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Dennis . on 02/02/2025(UTC)
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