All Bulk Purchase Annuity (BPA) articles – Page 2
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Opinion Pieces
Viewpoint: Differentiation – the future of professional pension trusteeship
When purchasing professional services, choice is good. Differentiated choice is even better.
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News
Aon lauds BoE sparking ‘robust debate’ on wisdom of UK buyout surge
Consultancy responds to warning from UK central bank about risks of insurers rushing to offer bulk annuities to now-healthier DB schemes
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News
Bulk annuity volumes reach £27.8bn, according to Aon
LCP and Hymans Robertson numbers differ slightly, but point to same upward direction
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News
RSA Group completes £6.5bn buy-in deal with Pension Insurance Corporation
This makes it the largest ever bulk annuity transaction from pension schemes to insure
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News
Bulk annuity, longevity hedging deals set to reach £60bn, says WTW
Improved funding positions following a significant increase in Gilt yields, along with some of the cheapest pricing seen in over a decade
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News
PPF’s latest consultation proposes updates to valuation assumptions for buyout
The PPF is proposing adopting a yield-curve approach when assessing schemes for entry to the scheme
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News
Alecta slashes one-off premiums by 7% as higher rates cheapen DB
Swedish pensions giant lowers premiums for PRI redemptions, saying pricing must be based on current market conditions
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News
Agfa UK Group Pension Plan completes £200m buy-in deal
The bulk purchase annuity (BPA) is the second buy-in completed between the pension fund and Standard Life
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News
UK roundup: Cobham scheme completes £530m buy-in
Plus: DB deficits could be a thing of the past; £1.3trn wiped off value of UK bonds since start of 2022
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News
Buyers beware? SPP panel ponders bulk annuities
Pensions industry should focus on long-term implications, says regulator
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News
Barloworld UK scheme completes £484m buy-in deal with Just Group
The deal insures the benefits of around 3,000 pensioners and 1,800 deferred members.
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News
Insurers ‘stretched’ as UK pension de-risking demand rises
More than £12bn worth of bulk annuity transactions were reported in the first half of 2022, according to EY Parthenon
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News
Aviva’s move into BPA market proves profitable
Aviva is already a significant writer of UK bulk annuity business, ranking in the top four in 2020
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News
WH Smith Pension Trust completes £1bn buy-in with Standard Life
Bulk purchase annuity secures the benefits of 13,000 members
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News
Whitbread Group Pension Fund completes £680m buy-in with Standard Life
‘Pensioner buy-ins continue to offer a fantastic opportunity to lock down risk over time,’ says Standard Life
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News
Smiths Group scheme completes £640m buy-in deal with Rothesay
The transaction secures benefits of remaining uninsured scheme members – DB liabilities for around 800 pensioners and a further 7,950 deferred members
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Features
UK DB schemes in a risk transfer sweet spot
Pension funds are in a good position for buyouts, but is there enough capacity in the market and will DB superfunds provide a genuine alternative?
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News
CSM Limited scheme completes £86m ‘deferred heavy’ buy-in
Preparation for a bulk annuity included the trustee hedging the scheme assets to protect against volatile markets
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News
UK roundup: Charity completes £61m bulk annuity transaction
Plus: Firefighters agree pension MoU with government; PIC invests in affordable housing; PPF sees drop in ethnicity pay gap
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News
UK roundup: Triplex Lloyd completes £75m bulk annuity deal
Plus: London CIV partners with CACEIS on cost transparency solution