L&G Flow surpasses £1bn milestone, driving innovation in smaller scheme de-risking

Flow transactions this year have ranged in size from £2 million to over £80 million, demonstrating the breadth of pension schemes Flow can support. Since its introduction in 2023, L&G has secured Flow transactions with 62 pension schemes, providing these schemes with efficient access to the de-risking market and securing the benefits of over 10,000 members. 

Flow is designed specifically for smaller pension schemes, which helps widen access to de-risking solutions across the defined benefit ('DB') pensions landscape, supporting stable retirement outcomes. The solution combines market-leading member care, price certainty, and seamless integration with L&G’s asset management capabilities. Of the 23 Flow transactions completed this year, 17 involved clients of L&G’s Asset Management business who additionally benefit from the ability to novate their unit funds as premium payment – removing market risk, reducing asset restructuring costs, and improving transaction efficiency.

Read the full press release.