All Bulk annuity deals articles
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NewsMirror Group pension scheme secures £150m buy-in with Just
The MGN Pension Scheme – which was raided by Robert Maxwell in the 1980s – has secured a £150m buy-in covering 1,300 of its pensioner members.
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NewsRoyal London completes biggest bulk annuity deal to date with law firm’s scheme
Law firm Grant Thornton has sealed a £275m buy-in for its defined benefit pension scheme with Royal London, securing the pensions of 2,200 members and establishing a route to a full buyout.
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NewsMorrisons purchases £270m buy-in from Aviva
The insurance company has secured the RSP Section of the Morrisons Retirement Saver Plan, covering 32,000 members of a cash balance plan.
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NewsTelecoms firm dials up member security with £63m buy-in
CommScope Connectivity, a telecoms company, has insured its defined benefit pension scheme with Aviva for £63m, covering 570 members.
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NewsRothesay insures exam company’s pension scheme for £120m
AQA Education, one of the main providers of GCSE and A-level exam services, has insured its defined benefit pension scheme with Rothesay, covering 869 members.
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NewsCancer Research UK completes £280m buy-in with Standard Life
Cancer Research UK has insured around 2,800 members of its defined benefit pension scheme through a bulk annuity deal, which covers more than half of its liabilities.
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NewsMetals firm completes buy-in in less than five weeks
ELG Metals UK secured a £28m buy-in with Just Group in five weeks due to favourable pricing and market conditions.
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NewsWater company insures pension scheme with Just for £120m
South East Water has secured “complex” benefit structures through a buy-in with Just Group, completed in December 2024.
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NewsBuilding society locks down member benefits with £105m buy-in
Rothesay has insured all 705 scheme members of the Skipton Building Society (2015) Group Pension Scheme through a buy-in completed in January.
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NewsJust Group secures £12m buy-in with Englass pension scheme
The transaction made use of Aon’s process designed for small pension scheme de-risking deals.
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NewsMining giant Anglo American seals triple buy-in with L&G
L&G has completed £1.2bn worth of bulk annuity deals so far this year and is “actively pricing” on other deals worth a combined £17bn.
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NewsChurch of Scotland completes £75m buy-in with Just Group
Just Group has completed a multi-scheme buy-in with the Church of Scotland Pension Scheme, worth a total of £75m. The transaction, which completed in December 2024, insures the benefits of around 2,350 members and dependants in three sections across two pension schemes. The largest deal involved a £40m buy-in for ...
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NewsBulk annuities latest: Canada Life secures landmark £361m buy-in
Canada Life has completed one of its biggest bulk annuity deals, a £361m buy-in with an unnamed pension scheme.
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NewsBulk annuities latest: M&G, L&G and Just seal full scheme buy-ins
M&G has insured a defined benefit (DB) pension scheme sponsored by an unnamed asset manager for £111m.
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NewsL&G insures Sanofi pension fund for £1.4bn
Legal & General (L&G) has completed a £1.4bn buy-in with the Sanofi Pension Scheme, sponsored by French pharmaceutical giant Sanofi.
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NewsRoyal London insures Rockwool scheme through £53m buy-in
Royal London has insured the defined benefit pension scheme for insulation manufacturer Rockwool through a £53m buy-in.
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NewsPension Insurance Corporation secures lighting firm’s scheme for £24m
Pension Insurance Corporation (PIC) has concluded a £24m full-scheme buy-in with the Holophane Retirement Benefits Scheme, sponsored by lighting firm Holophane Europe.
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NewsCompass takes a bite out of DB risk with £1.5bn buy-in
Food services company Compass Group has secured the “majority” of its DB scheme’s membership through a £1.5bn bulk annuity deal with Standard Life.
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NewsFootwear company completes £540m buy-in with PIC
Pension Insurance Corporation (PIC) has insured two sections of the C&J Clark Pension Fund, sponsored by footwear retailer Clarks.
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NewsBulk annuities latest: PIC insures first scheme through Mosaic framework
Pension Insurance Corporation (PIC) has completed its first buy-in transaction using its new streamlined system for small schemes.