Barclays Bank U.K. Retirement Fund Agrees to £5 Billion Longevity Swap Transaction
Posted on 12/14/2020
Barclays Bank U.K. Retirement Fund has completed a £5 billion longevity swap with Reinsurance Group of America, Incorporated (RGA). Aon was lead adviser to the Barclays Bank U.K. Retirement Fund. Insight Investment has been appointed as collateral manager for the transaction. Linklaters was legal adviser to the trustee.
Insight Investment is part of Bank of New York Mellon Corporation (BNY Mellon).
Keywords: Barclays plc.
