DB endgame update Q2 2026

Our experts examine the latest developments in the defined benefit (DB) pension endgame market in this Q2 2026 update.

Inside, you'll find:

• Analysis of the insurance transactions completed during 2025 and the outlook for both buy-ins and buyouts in 2026.
• An update on acquisitions involving two insurers, PIC and Just.
• Our latest update on risk transfer market pricing levels.
• An investment market update following recent developments in the Middle East.
• Our view on whether investment-grade credit should still form part of an asset strategy ahead of buy-in.
• Our latest blog exploring the potential size of the superfund market.
• The latest developments in the Virgin Media case.
• A summary of our new data readiness proposition, DataSure.
• How we delivered a complex buy‑in with precision and collaboration.