All Bulk annuities articles
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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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In DepthIn Depth: The growth goal - insurance, pensions, and productive finance
Major regulatory moves over the past few years coming to fruition in 2025 could help pension schemes and insurers invest substantially in the UK to support the government’s growth agenda. Leading insurance and pension industry expert Francis Richard Pereira explores how these changes intersect and the opportunities they present.
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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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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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In DepthIn Depth: Will a rise in run-on strategies affect bulk annuity demand?
Pensions Expert explores how DB schemes’ increased interest in running on and generating a surplus could affect the bulk annuity market.
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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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NewsBrookfield gets green light from UK regulators to enter bulk annuity market
Plus: Utmost strikes investment partnership with Schroders; Just insures careers charity pension scheme for £2.8m.
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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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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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NewsUtmost hires former Rothesay CFO to lead bulk annuity market push
Utmost Life and Pensions, one of the newest entrants to the UK bulk annuity market, has appointed former Rothesay Life chief financial officer Andrew Stoker as chief executive.
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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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NewsLCP forecasts more new entrants to bulk annuity market in 2025
This year will bring a new defined benefit (DB) consolidator and another entrant to the bulk annuity market, according to consultancy group LCP.
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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.
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NewsRoyal London and Just Group announce buy-in deals
Royal London has announced its fifth transaction since entering the bulk annuity market earlier this year.
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FeaturesOutlook 2025: New insurers set to make waves in busy DB market
From an evolving bulk annuity market to debates over the use of pension scheme surpluses, next year looks set to be as busy as ever for the defined benefit sector, writes Alex Janiaud.