Bulk annuities | Defined Benefit

Latest on bulk annuities - in association with Canada Life

Finnair lands buyout deal for DB scheme in record time

2026-01-26T11:50:00+00:00By Pensions Expert

Finland’s largest airline has insured its UK defined benefit pension scheme, completing the journey from buy-in to buyout in less than two months.

Royal London insures Oxford Instruments scheme in £213m buy-in

2026-01-23T16:07:00+00:00By Nick Reeve

The deal marks the insurer’s second biggest buy-in to date and secures the benefits of more than 1,600 pension scheme members.

Small scheme buy-ins driving bulk annuity market as streamlined services thrive

2026-01-22T11:51:00+00:00By Nick Reeve

More than 350 bulk annuity transactions were completed in 2025, according to a new estimate, as streamlined processes have opened up the market to smaller pension schemes.

M&G eyes bulk annuity expansion after crossing £1bn mark in 2025
2026-01-21T11:34:00+00:00By Pensions Expert
Bulk annuity providers M&G and Just Group have reported on their new business volumes for 2025 amid increasing competition among insurance companies.
Bulk annuities latest: PIC ties up Dr Martens scheme; PMI seals buyout
2026-01-20T13:17:00+00:00By Pensions Expert
Plus: Broadstone reveals five micro deals completed in the second half of 2025 as part of the test of Aviva’s new Clarity service for small schemes.
Ferry firm secures £35m bulk annuity deal with Just Group
2026-01-14T12:42:00+00:00By Nick Reeve
Cross-channel transport company Brittany Ferries has secured its defined benefit pension scheme through a £35m buy-in, insuring 444 members’ benefits.
Healthcare equipment firm seals £213m buy-in with PIC
2026-01-13T15:27:00+00:00By Nick Reeve
Siemens Healthineers secures a full-scheme buy-in covering more than 1,600 members’ benefits and protecting bespoke retirement options.
Always A Pensions Angle: New year, same bill
2026-01-12T21:48:00+00:00
In the first episode of 2026, Nick and Tom shake off the Christmas cobwebs as the Pension Schemes Bill faces serious Lords scrutiny. Plus: The LGPS grapples with Fit for the Future timescales, and we talk bulk annuities.
Engineering firm secures buy-in with PIC worth £155m
2026-01-08T14:06:00+00:00By Nick Reeve
Engineering company NG Bailey has secured a £155m buy-in for its defined benefit pension scheme with Pension Insurance Corporation.
LCP forecasts record buy-in volume of £55bn in 2026
2026-01-06T11:39:00+00:00By Sara Benwell
Buy-in volumes could reach a record £55bn in 2026, according to a new forecast from LCP, as strong insurer pipelines and competitive pricing continue to support high levels of pension risk transfer activity.
Outlook 2026: The changing face of DB endgame options
2025-12-22T09:18:00+00:00By Nick Reeve
Defined benefit experts give their views on the challenges and opportunities presented by the Pension Schemes Bill and other industry developments.
Bulk annuities roundup: Peel Ports, Skanska complete major derisking deals
2025-12-18T12:47:00+00:00By Pensions Expert
Pensions Expert rounds up a number of bulk annuity deals from the past fortnight, ranging from £4m to £525m in size, with around 9,000 members’ benefits secured in total.