All Bulk annuity deals articles – Page 5
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NewsG4S agrees £1.8bn buy-in deal with Just Group
The security company’s full-scheme buy-in is one of the largest deals of the year and a record for Just Group.
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NewsNatWest insures £11bn through multiple buy-ins
The high street bank has conducted a series of buy-in deals this year, reportedly with Rothesay Life.
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NewsAviva converts longevity swap as part of £1.3bn RAC buy-in
Aviva has secured a £1.3bn buy-in for the RAC 2003 Pension Scheme, insuring the benefits of approximately 19,000 members.
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NewsMichelin insures DB scheme for £1.5bn
The transaction with Aviva, which insures 15,000 members, involved the sponsor supplying a loan to cover the scheme’s illiquid holdings.
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NewsMerseyside strikes £200m bulk annuity deal with Aviva
The deal, covering 2,500 scheme members, is just the third time an LGPS fund has entered the bulk annuity market.
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NewsPIC insures Coats scheme in £1.3bn buy-in
The biggest buy-in of 2024 so far includes a deferred premium arrangement and the in-specie transfer of illiquid assets.
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NewsPIC seals biggest buy-in of the year with £1.2bn TotalEnergies deal
The transaction follows a £1.6bn buy-in a decade ago and means the whole scheme is now insured.
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NewsM&G, Just Group announce buy-ins worth combined £570m
Machinery manufacturer NSK and aviation services group John Menzies have insured the benefits of nearly 7,000 members in separate deals.
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NewsStandard Life completes £880m buy-in of Rolls-Royce-Bentley scheme
The deal is one of the biggest bulk annuity transactions announced so far this year and includes the conversion of a 2013 longevity swap contract.
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NewsRoyal London enters bulk annuity market with two deals
Mutual insurance and investment group Royal London is first of two predicted new entrants to the pension insurance sector.
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NewsIMI 2014 Deferred Fund signs £175mn partial buy-in
On the go: The £563mn IMI 2014 Deferred Fund has signed a partial £175mn buy-in with Pension Insurance Corporation.
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NewsInterserve Pension Scheme agrees £400mn buy-in
On the go: The Interserve Pension Scheme has agreed a £400mn buy-in with Aviva, securing the benefits of more than 7,000 members.
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NewsAgfa UK Group Pension Plan signs £200mn buy-in
On the go: The Agfa UK Group Pension Plan has completed a second annuity buy-in with Standard Life, covering the vast majority of the fund’s remaining liabilities.
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NewsJarvis Group scheme agrees full buy-in
On the go: The circa £13mn Jarvis Group Limited Pension Plan has agreed a full buy-in with Legal & General, securing the benefits of more than 90 members, including 72 retirees.
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NewsWhitbread Group scheme secures £680mn buy-in
On the go: The £3bn Whitbread Group Pension Fund has secured a £680mn buy-in with Standard Life.
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NewsJames Walker scheme agrees full £43mn buy-in
On the go: The James Walker (Leith) Limited Retirement Benefit Scheme has agreed a full £43mn buy-in with Just Group.
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NewsUniversal Office Supplies scheme agrees £47mn buy-in
On the go: The Universal Office Supplies Pension Scheme has agreed a buy-in with Legal & General.
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NewsMencap completes £61mn bulk annuity deal with Canada Life
On the go: The circa £152.1mn defined benefit section of the Mencap Pension Plan has signed a £61mn bulk annuity transaction with Canada Life.
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NewsImperial Tobacco agrees £1.8bn deal, charity completes full buy-in
Risk watch: A roundup up of the latest derisking transactions, including the Imperial Tobacco Pension Fund’s £1.8bn deal with Standard Life, and the Royal National Mission to Deep Sea Fishermen Retirement Benefit Scheme’s full buy-in with Legal & General.
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NewsICAEW’s pension scheme completes £50m buy-in
On the go: The £206.4m Institute of Chartered Accountants Staff Pensions Fund has completed a £50m buy-in transaction with Canada Life.