• Appointment supports continued growth and expansion of Standard Life's Pension Risk Transfer business
  • Investment in the PRT team reflects Standard Life’s plan to write larger, more complex transactions

Standard Life has appointed Uzma Nazir to the newly created role of Senior Director, Head of PRT Origination within its Pension Risk Transfer (PRT) business, as it continues to strengthen its capabilities in the growing risk transfer market.

Uzma brings two decades of industry experience, having served on the leadership team that launched Blumont Annuity after spending most of her career at Pension Insurance Corporation where she held a variety of roles. Throughout her career, Uzma has led teams across the full risk transfer process, from business development through to execution and implementation of deals. Over the course of her career, she has been responsible for the delivery of over £20 billion of landmark bulk annuity deals, including the largest buyout transaction to date in the UK.  

The appointment follows a busy period for Standard Life’s PRT business with £1.6bn of deals written in the first half the year as well as the launch of its new UK Pension Risk Transfer partnership in August. Backed by up to £2 billion of capital, the partnership enhances Standard Life's ability to support larger and more complex pension schemes while maintaining its focus on delivering strong member outcomes.

Claire Altman

The PRT market continues to present significant opportunities, and we're investing in our people and capabilities to ensure we're well placed to support schemes of all sizes. Uzma brings outstanding market knowledge and strong relationships, and her experience in delivering some of the UK's most significant transactions will be a tremendous asset, particularly as we look to capitalise on the opportunity to support the largest, most complex schemes backed by our new partnership.

- Claire Altman, Managing Director for Pension Risk Transfer and Individual Retirement

Uzma Nazir

Standard Life is a trusted brand with a clear ambition for the future. I'm looking forward to working with the team to build on the many strengths of the business, including its ability to support pension schemes of all sizes. The new capabilities created through our PRT partnership are particularly exciting, enabling us to help more schemes navigate complex transaction challenges while continuing to deliver excellent customer outcomes.

- Uzma Nazir, Senior Director, Head of PRT Origination

Alongside these appointments, Standard Life is expanding the team with new roles to increase capacity across key areas of the business. This will also include a new role, focusing on client proposition strategy and member innovation, working closely with Standard Life’s Client Services team.

Claire Altman

These appointments and our continued investment in the team reflect our confidence in the long-term outlook for the PRT market. As demand grows, we remain focused on expanding our capabilities, supporting trustees and sponsors, and delivering positive outcomes for members.

- Claire Altman, Managing Director for Pension Risk Transfer and Individual Retirement

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* Launch of UK Pension Risk Transfer Partnership | Standard Life plc

About Standard Life

Standard Life is a retirement specialist focused entirely on retirement saving and income.

We are proud to manage around c£317bn in assets on behalf of our 12 million customers, and we champion the belief that everyone's journey to and through retirement can be better.  

With our focus entirely on retirement savings and income we want to be the business that people trust to guide their retirement journey, helping our customers achieve better outcomes and greater financial security in later life. 

As a FTSE 100-listed group we are using our size, expertise and influence to shape the world our customers will retire into, and are committed to helping three million more customers by 2035, take action towards a better retirement.  

Standard Life is a responsible investor with a clear commitment to supporting a more sustainable future. The Group has achieved its net zero goal across its emissions for 2025 and is working towards net zero investment portfolios by 2050 or sooner.

Standard Life is recognised as a leading employer, with long-standing accreditation as a Living Wage Employer, Living Pension Employer and Carer Positive Exemplary Employer and in 2025 became one of Britain’s Most Admired Companies in 2025.