Author: LMI Newsdesk

£80m bulk purchase annuity buy-in secures the benefits of more than 350 deferred members and 1,450 pensioners.

Total new annualised premium tops a record-breaking $17.5bn in 2025.

The latest results of the Milliman Pension Buyout Index (MPBI) suggest that during January, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process in the US inched up 10 basis points, from 100.3% to 100.4% of a plan’s accounting liabilities.

£270m bulk purchase annuity buy-in secures the pension scheme benefits of over 3,200 members of the scheme.

The US pension risk transfer market closed 2025 on a strong note, with fourth-quarter premium estimated at approximately $28bn, making it one of the largest quarters on record, according to Banner Life William Penn’s Q4 2025 US PRT Monitor.

Bodycote UK’s Pension Scheme has completed a £60m bulk purchase annuity buy-in with PIC. The transaction secures the benefits of all 680 scheme members.

€1.3bn longevity swap reinsurance agreement covers a portion of the defined benefit pensions included in a pension buy‑out and marks Pacific Life Re’s second longevity reinsurance transaction in the Netherlands.

The buy-in, covering both pensioners and deferred members, secures the benefits of over 3,600 members, while removing funding and investment risk for the scheme.

£113m bulk purchase annuity full buy-in secures the benefits of all 355 Section members within the scheme.

The deal secures the pension benefits of over 3,000 members of the Avon Cosmetics Pension Plan.