All Buy-in articles
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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.
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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.
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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.
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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.
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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.
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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.
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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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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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OpinionRecognising the role of annuities in the UK’s growth agenda
Hetty Ahern of the Association of British Insurers explores how the insurance sector can – and does – support the UK’s growth investment agenda.
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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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News
Bulk annuities latest: Utmost to overhaul IT infrastructure
Plus, buy-in deals sealed by Standard Life and Legal & General worth a combined £620m.
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NewsCompetition for small scheme bulk annuity deals increasing, data shows
Plus: Royal London lands buy-in deals with Lufthansa schemes and PIC insures financial regulator’s pension plan.
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FeaturesInnovation needed to stop illiquid assets delaying bulk annuities
Consultancy giant Aon has written to insurers calling for more innovation on tackling illiquid assets held by pension schemes approaching the bulk annuity market.
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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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News2024 was record year for bulk annuities, data shows
Preliminary data on bulk annuity transactions shows that approximately £52bn worth of deals were completed last year – a new record.