Standard Life completes £525m full buy-in for Skanska Pension Fund
LCP acted as lead transaction adviser and investment adviser to the trustee, with legal advice from Reed Smith.
LCP acted as lead transaction adviser and investment adviser to the trustee, with legal advice from Reed Smith.

47% of people aged 55 to 65 had spoken about pensions with family, while this dropped to 18% among 18 to 24s and 29% for 35 to 44s.

Byrne will join in January 2026 and take responsibility for leading the next stage of growth.
Among 100 trustees managing schemes with assets of £100m or more, a third (33%) said market volatility was their biggest challenge.

The average annuity rate in September 2025 reached 7.65%, up from 6.98% in September 2024.
Standard Life Financial Advice is open to existing customers aged 54 years and nine months or older, with at least £50,000 in a DC pension.
The deal, which finished in August 2025, secures pension benefits for 425 members.
The aim is to offer higher returns and more diversification for pension savers.

The survey showed 14% of people had never looked at their pension pot, even though most check other financial products more regularly.

67% of the silent generation (aged 79 and over) and over half (52%) of Baby Boomers (aged 60-78) said they can’t estimate their pension savings.

One in ten (10%) have made a one-off lump sum payment into their pension.

Altman will be responsible for developing client relationships and business growth strategies in the retirement market.
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