BPA

Largest BPA transaction of 2024 so far and Aviva’s largest external deal ever

Royal London enters BPA market, TPR report, two risk reduction deals, and Enplan adds scheme to consolidation platform

Full scheme transaction secures benefits of 202 pensioners and 108 deferred members

Royal London speaks to PP about its entrance into the bulk annuity market

The firm has completed four transactions in preparation for its formal market launch

Analysis follows LCP research with prediction that £40bn to £50bn of transactions could be completed

Transaction secures the benefits of around 2,500 scheme members

BPA deal secures the benefits of around 2,100 members across two linked schemes

LCP said 2023 growth was ‘almost entirely’ driven by deals under £10m

Scheme has less than 100 members and will now proceed to full buyout and wind up