All buy-in articles – Page 2
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NewsHonda Group Pension Scheme in £800m buy-in with L&G
As part of the transaction, the pension fund paid a premium through a combination of an in-specie asset transfer and cash
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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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NewsBaker Hughes completes three buy-ins worth £900m with PIC
The transactions secure pensions of over 3,000 pensioners and dependents, and nearly 4,000 deferred members
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NewsMGN pension fund completes £150m buy-in with Just Group
The fund’s first buy-in deal insures the benefits of around 1,300 members
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Opinion PiecesViewpoint: Five trends to watch in the European pension risk transfer market
Rohit Mathur of Prudential Financial says UK de-risking trends are being seen globally, driving demand for PRT and longevity hedging solutions
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NewsAQA Education completes £120m full scheme buy-in with Rothesay
The transaction insures the benefits of all 869 scheme members, comprising 471 pensioners and dependants, as well as 398 deferred members
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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
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NewsAnglo American insures three pension funds with L&G
The combined £785m buy-in transactions secure benefits of over 5,100 retirees and 2,500 deferred members
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NewsMajority of UK DB funds run at surplus but lack strategy to use it
LawDeb Pensions research shows that 83% of UK DB pension funds have reported a surplus
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NewsInchcape Motors pension fund in £505m buy-in with Legal & General
The transaction secures the benefits of 2,295 retirees and 5,890 deferred members
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NewsScheme for machinery dealership completes £250m buy-in deal
The bulk purchase annuity insures benefits of 2,170 members
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NewsTUI Group UK pension trust completes £370m buy-in with Legal & General
Move marks the plan’s third buy-in transaction with Legal & General
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NewsMomentum expected to continue for smaller schemes in BPA market
2024 saw new entrants Royal London and Utmost complete their first deals below £100m
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NewsAon calls for member-centric innovation and transparency in bulk annuity market
Innovation around illiquid assets and transparency in funded reinsurance are also crucial priorities for the UK bulk annuity market, according to Aon
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NewsLufthansa completes three-in-one transaction with Royal London
Lufthansa Group has insured its three UK defined benefit (DB) pension schemes with Royal London in one integrated transaction worth £120m (€145m). Each of the pension schemes had its own unique features but the parties worked together to run the bulk purchase annuity (BPA) transactions efficiently, offering bespoke contractual terms ...
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NewsSanofi Pension Scheme signs £1.4bn buy-in with Legal & General
All members of the scheme are now insured via buy-ins with Legal & General
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NewsCompass Group Pension Plan completes £1.5bn buy-in with Standard Life
The transaction secures the benefits of over 14,000 pensioner members and 11,000 deferred members
