All Bulk annuity deals 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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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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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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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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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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NewsPension Insurance Corporation secures lighting firm’s scheme for £24m
Pension Insurance Corporation (PIC) has concluded a £24m full-scheme buy-in with the Holophane Retirement Benefits Scheme, sponsored by lighting firm Holophane Europe.
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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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NewsFootwear company completes £540m buy-in with PIC
Pension Insurance Corporation (PIC) has insured two sections of the C&J Clark Pension Fund, sponsored by footwear retailer Clarks.
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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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NewsBulk annuities latest: PIC insures Hays Pension Scheme for £370m
Pension Insurance Corporation has completed a £370m buy-in of the Hays Pension Scheme.
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NewsNational Grid powers £1.7bn buy-in with Aviva
National Grid has insured the bulk of its section of the Electricity Supply Pension Scheme through a £1.7bn transaction with Aviva.
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NewsG4S agrees £1.8bn buy-in deal with Just Group
Security group G4S has insured its defined benefit pension scheme through a £1.8bn full-scheme buy-in with 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
Tyre manufacturer Michelin has insured its defined benefit (DB) scheme for £1.5bn with Aviva, marking the biggest bulk annuity deal of 2024 so far.