---
title: "Pension risk transfer: 2024 Q3 review"
description: The TELUS Health Pension Risk Transfer Quarterly Circular offers ongoing updates about the dynamic landscape of pension risk transfer (PRT).
image: https://resources.telushealth.com/hubfs/Imported_Blog_Media/GettyImages-908130658-1300x430-Nov-18-2025-03-43-10-9962-PM.jpg
---

# Pension risk transfer: 2024 Q3 review

[ TELUS Health ](https://resources.telushealth.com/en-ca/author/telus-health)  October 25, 2024

![GettyImages-908130658-1300x430](https://resources.telushealth.com/hs-fs/hubfs/Imported_Blog_Media/GettyImages-908130658-1300x430-Nov-18-2025-03-43-10-9962-PM.jpg?width=1300&height=430&name=GettyImages-908130658-1300x430-Nov-18-2025-03-43-10-9962-PM.jpg)

The third quarter of 2024 witnessed sustained momentum in the Canadian annuity purchase market, achieving an estimated transaction volume of $2.1 billion. This robust performance has brought the year-to-date total to approximately $5.7 billion, underscoring the market's resilience to a volatile interest rate environment and continued attractiveness for plan sponsors looking to de-risk their defined benefit (DB) pension obligations.

[Click here](https://resources.telushealth.com/hubfs/RBS%202024/Pension%20Risk%20Transfer%202024%20Q3%20Review.pdf?utm_source=blog&utm_medium=editorial&utm_campaign=rbs-2024-10-rfc-prt-q3-report-2024-en&hsLang=en-ca) to read the 2024 Q3 review report.  

 

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