All Bulk Purchase Annuity (BPA) articles
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NewsSmart Pension adds £650m to AUM with pension trust bulk transfer
Smart Pension targets £10bn in AUM in the first half of 2026
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NewsWolseley Group Retirement Benefits Plan in £600m buy-in with Aviva
The transaction secures benefits of nearly 10,000 members
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NewsUK bulk annuity sector ‘resilient to severe market shock’, stress test finds
PRA to consider whether further action is needed to ensure the regulatory capital treatment of FundedRe transactions is appropriate
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NewsBuyout boom cements insurance as top endgame for UK DB pension funds
LCP projects a continued ‘healthy’ pipeline of £350bn to £550bn of buy-in transactions over the next decade
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NewsPhoenix eyes private capital deal to scale PRT business
The insurer has had ‘initial discussions regarding a potential third-party partnership’ to accelerate the growth of its pension risk transfer business
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NewsSG Pension Fund completes £160m buy-in with Aviva
Portakabin, the pension fund’s sponsor, will see the transaction secure the benefits of more than 1,900 members
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NewsFenwick pension schemes complete £113m buy-in deals with Aviva
The transactions secure all remaining benefits for members of the Fenwick Limited Superannuation Fund and the Fenwick Senior Executive Pension Fund
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NewsQuest UK Pension Scheme completes £134m buy-in with Aviva
The deal marks the second transaction between the plan sponsor, flavours and fragrances company Givaudan UK, and Aviva
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NewsUK risk transfer market expects lower volumes but higher transaction numbers
While small transactions have been gaining momentum, there have also been a significant number of large transactions so far this year
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AnalysisIPE UK Briefing: Pensions Review and Pensions Commission
Plus: Next phase of asset pooling; Connecting to the Dashboard; Attractive BPA market
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NewsMMC UK fund in £1.9bn in bulk purchase annuity deal with Standard Life
The buy-in deal covers 6,500 members of the Sedgwick Section of the MMC UK Pension Fund
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NewsJust Group to be acquired by Brookfield Wealth Solutions in £2.4bn deal
BWS intends for Blumont and Just to operate as a single, consolidated insurance group under Just Group brand
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NewsPension professionals call for standardisation of bulk purchase annuity processes
SPP suggests that a more standardised approach to streamlined processes would be a significant, but not impossible, step
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NewsHuntsman Pension Scheme in £205m buy-in deal with M&G
Momentum for smaller schemes continues to build
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NewsL&G partners with Blackstone to accelerate growth ambition
L&G looks to enhance its competitive advantage in annuities market and bolster its asset management position in key geographies
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NewsUtmost Life completes four full scheme buy-ins
New business premiums for the four deals totalled £177m
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NewsMolins UK Pension Fund completes £249m buy-in with Aviva
The transaction secures the benefits of over 3,500 members of the scheme sponsored by Mpac Group
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NewsCancer Research UK pension fund in £280m buy-in with Standard Life
Th fund worked closely with Standard Life to meet its de-risking objectives and secure the buy-in deal through a ‘bespoke’ offering
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NewsPrudential Regulation Authority puts funded reinsurance use high on agenda
Regulator to increase transparency of insurer life stress test by publishing both sector-wide and firm-specific stress test results for largest UK life insurers
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NewsBulk purchase annuity transactions hit record number in 2024
298 bulk purchase annuity transactions were completed in 2024, an increase from 227 in 2023
