buy in
Risk Reduction
Legal & General (L&G) completed 28 bulk annuity transactions with UK pension schemes over the course of 2019, its annual report reveals.
04 March 2020
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2 min read
Risk Reduction
The Xylem UK Pension Plan has confirmed a £255m buy-in transaction with Rothesay Life in the insurer’s first deal of 2020.
02 March 2020
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2 min read
Risk Reduction
Scottish Widows completed five bulk annuity transactions in 2019, with liabilities insured exceeding £2bn.
21 February 2020
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1 min read
Risk Reduction
The trustees of the £3bn Merchant Navy Officers Pension Fund (MNOPF) have secured £1.6bn of members’ pension benefits through a buy-in transaction with Pension Insurance Corporation (PIC).
10 February 2020
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4 min read
Risk Reduction
The Co-operative Pension Scheme, known as Pace, has completed a £1bn buy-in with Aviva in the first announced bulk annuity deal of 2020.
29 January 2020
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2 min read
Risk Reduction
Pension Insurance Corporation (PIC) insured £7.2bn of scheme liabilities over the course of 2019, recording more new business than in any year prior.
28 January 2020
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1 min read
Risk Reduction
Insurers are now able to accommodate up to £30bn of bulk annuity transactions every year with no impact on pricing, according to Lane Clark & Peacock (LCP).
23 December 2019
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2 min read
Risk Reduction
The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) has invested in an £805m pensioner buy-in with Scottish Widows.
18 December 2019
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2 min read
Risk Reduction
The ESAB Group (UK) Limited Pension & Life Assurance Scheme has purchased a £255m full buy-in with Rothesay Life, covering benefits for all 900 members of the scheme.
16 December 2019
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1 min read
Risk Reduction
The value of UK bulk annuity deals is set to quadruple in the 2020s when compared to this decade, Mercer has predicted.
09 December 2019
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2 min read
