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Home›Insurance›Industry & Deals›Standard Life partners with CVC-backed group on UK pen…

Standard Life partners with CVC-backed group on UK pension risk transfers

The deal’s initial commitment totals up to $2.72 billion, reflecting increased private capital participation in the U.K. retirement risk-transfer market.

Standard Life is partnering with a CVC-led group to back U.K. pension risk transfers, according to WSJ Markets.

The companies said the partnership has a combined initial commitment of up to $2.72 billion.

WSJ Markets said the move underscores private capital firms’ growing interest in the U.K. retirement market as risk-transfer activity expands.

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