Swiss Re flags shift to self-managed retirement savings, intensifying race for advice-led distribution in life insurance

• Swiss Re analysis flagged a pension shift pushing retirement income, inheritance planning, later-life care decisions from institutions to individuals.
• US plan data showed self-managed withdrawals rose to over 50% of retirees in 2018 from 10% in 2000.
• UK figures showed 36% of pension assets accessed in 2024 were taken as cash instead of lifelong income.
• Deal activity accelerated as distributors consolidated; three private equity-backed US intermediary groups completed over 300 acquisitions during 2017-2025.
• AI investment is rising, yet consumer research found nearly two-thirds still prefer human interaction for complex transactions such as claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Swiss Re Ltd. published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2412100_en) on October 08, 2026, and is solely responsible for the information contained therein.