All Bulk annuity deals articles
-
NewsBulk annuities latest: Royal London completes 10th buy-in of the year
Rounding up the latest activity in the bulk annuity market, including Rothesay’s double buy-in for a manufacturing company and two sub-£5m pension schemes insured by Just Group.
-
NewsBulk annuities latest: Aviva and Just secure buy-ins worth combined £205m
Pensions Expert rounds up the latest bulk annuity deals, including a perfume company’s scheme and a double buy-in for accountancy and consultancy firm BDO.
-
NewsCompetition boosting endgame options for small schemes, research shows
Sub-£100m deals made up the majority of transactions completed in the first half of 2025, continuing a trend from 2024, according to a report from Aon.
-
NewsTech giant ABB completes £700m buy-in with Aviva to reduce pension risk
Aviva has secured technology company ABB’s UK pension scheme through a £700m buy-in covering more than 7,000 members.
-
NewsJust Group secures construction firm’s DB scheme with £23m buy-in
The transaction covers all 249 members of the ROM Group Pension & Life Assurance Scheme, including 124 deferred members and 125 pensioners.
-
NewsGerman bank seals £36m buy-in with PIC for DB scheme
The transaction covers all 156 members of the Helaba (London) Pension and Life Assurance Plan, and comes a day after PIC announced its biggest deal of the year.
-
NewsRolls-Royce DB scheme fully insured after £4.3bn PIC buy-in
The deal is the biggest single transaction announced this year and follows a 2019 buy-in of a similar size for the Rolls-Royce DB pension scheme.
-
NewsLogistics firm locks in £7.2m buy-in for DB scheme with L&G
The deal covers 122 deferred members of the WCF Ltd Staff Retirement Benefits Scheme, and was completed in less than five months, according to lead adviser Gallagher.
-
NewsMercer parent insures broker’s pension fund for £1.9bn with Standard Life
Standard Life has insured the Sedgwick Section of the MMC UK Pension Fund in a bulk annuity transaction worth £1.9bn – the insurer’s biggest single deal since entering the market in 2018.
-
NewsNational Grid insures DB scheme through £900m buy-in with Rothesay
The transaction is the third buy-in the energy company has completed, following deals in 2019 and 2020, and brings the total liabilities insured to £4.5bn.
-
NewsBritish Heart Foundation completes £37m buy-in with Royal London
The charity has insured the benefits of more than 200 members through a transaction that was completed in just 14 working days.
-
NewsEngineering organisation secures £40m buy-in with PIC
The transaction secures the benefits of all 200 members of the Institution of Mechanical Engineers’ defined benefit pension scheme.
-
NewsM&G backs £205m buy-in for Huntsman Pension Scheme
The deal insures the pensions of more than 660 retirees and deferred pensioners and was completed in the first quarter of 2025.
-
NewsChurch scheme secures £4m buy-in as smaller deals set to increase
New endgame options and macroeconomic conditions have slowed the bulk annuity market, according to Broadstone, but deals for smaller pension schemes are expected to continue to grow.
-
NewsHonda steers £800m buy-in with L&G for DB pension scheme
The £800m transaction secures the retirement benefits of more than 1,700 retirees and 3,000 deferred members, and included a deferred premium element to help the trustees manage illiquid assets.
-
NewsUtmost reports four buy-ins for smaller pension schemes in busy first half
The deals total £177m and follow the insurer’s entrance into the UK market last year.
-
NewsAviva delivers £249m buy-in for packaging company pension scheme
The transaction secures the benefits of more than 3,500 members of the Molins UK Pension Fund, sponsored by Mpac Group.
-
NewsBus company scheme exits PPF assessment with buy-in
Insurance company Just Group has helped a pension scheme exit the Pension Protection Fund’s assessment period through a £5m buy-in.
-
NewsPIC seals triple buy-in for energy tech schemes worth £900m
Source: Baker Hughes A gas turbine operated by Baker Hughes Energy technology company Baker Hughes has insured three defined benefit pension schemes with Pension Insurance Corporation (PIC) in deals worth a combined £900m.
-
NewsMcGregor Construction scheme secures £7m buy-in with Just Group
The buy-in secured members’ benefits at or above those provided by the Pension Protection Fund, after the sponsor went into insolvency in 2022.