Our investment strategy is focused on long-term safety and stability, without compromise. We constantly find new ways to reduce risk and drive the dependable returns that create real security for people's pensions in the future.
Creating financial security
We match our liabilities with assets
by finding investments that reflect the longevity of our policyholders
We keep a healthy balance sheet
by reducing volatility of assets and liabilities to protect surplus capital from credit spread changes
We reduce outright credit risk
by lending to highly credit worthy institutions, securing loans with collateral or credit protection and increasing investment recovery to avoid credit losses
We protect our solvency
by monitoring our solvency position every day and avoiding risky assets
Our portfolio
We invest in predictable, secure and high quality assets. Over half of our rated assets have a rating of AAA or AA. Our offices in North America and Australia help us to achieve international diversification, with over 40% of our investments being non-UK.
Specialist expertise
In-house specialism
Our dedicated investment team is focused on finding and securing dependable investment opportunities in the UK, US and other developed countries
Agile governance
Our team is empowered to seek out new ways to invest securely, with a lean governance structure to act quickly and decisively when market conditions shift
Real-time protection
Our purpose-built technology platform underpins every investment we make. Its day-by-day financial analysis allows us to react in the moment to market changes