All Bulk Purchase Annuity (BPA) articles – Page 3
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NewsGuilbert UK Retirement Benefits Plan completes bulk annuity transaction
The transaction sees Aviva insure the benefits of around 1,500 scheme members
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NewsTrustees expect more from new bulk annuity market entrants
Trustees now assess insurers on financial strength, ESG factors, administration capacity and quality, buyout capabilities, and brand awareness
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NewsUK pension schemes concerned over insurer capacity as they approach endgame
The total deal value for bulk annuity transactions is expected to reach ‘well over’ £40bn in 2023
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NewsUK sees record £21.2bn transferred to insurers in first half of 2023
LCP research shows number of UK private sector DB schemes fully-funded on buyout has increased to 20%
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NewsNorthern Bank Pension Scheme secures benefits of nearly 2K members
The transaction also involved the successful transfer of an illiquid asset from the pension scheme
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NewsM&G returns to UK bulk annuity market
The buy-in for M&G’s own pension fund secures the benefits of 1,414 pensioners and deferred members
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NewsUK roundup: Leonardo Helicopters scheme picks Isio as actuarial adviser
Plus: DB trustees focus on illiquids when targeting bulk purchase annuities; Pension industry urged to reach out to LGBTQIA+ community
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NewsBusiest H1 on record as bulk annuity transactions estimated to reach £25bn
Over £17bn of transactions have already been announced
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NewsWave of demand for bulk annuity market expected to hit record level
Bulk annuity market doubled over the last five years, says PIC
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NewsHarrods pension scheme completes buy-in deal worth £400m
The deal secured benefits of around 1,900 pensioners and 2,100 deferred plan members
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Opinion PiecesViewpoint: Differentiation – the future of professional pension trusteeship
When purchasing professional services, choice is good. Differentiated choice is even better.
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NewsAon 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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NewsBulk 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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NewsRSA 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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NewsBulk 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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NewsPPF’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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NewsUK 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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NewsBuyers beware? SPP panel ponders bulk annuities
Pensions industry should focus on long-term implications, says regulator
