Browsing: 2025 – October
The Premdor Crosby Pension Plan has completed a £16m bulk purchase annuity buy-in with Royal London. This buy-in, which covers 181 members, is the first that Royal London has completed with BESTrustees as Chair of Trustees.
Total US annuity sales increased 4% to $119.3bn in the third quarter of 2025, setting yet another quarterly sales record, according to LIMRA. This marks the eighth consecutive quarter of $100+bn in sales.
Pension schemes sponsored by Ford Motor Company Limited, including the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Contributory Pension Fund, have completed bulk purchase annuity buy-ins with Legal & General worth a total of £4.6bn.
New research from Standard Life suggests that the current push for bulk purchase annuity buy-ins in the UK pension risk transfer market looks set to continue as 40% of defined benefit trustees that are targeting BPA as their end-game strategy expect to approach an insurer in the next 12 months.
TPT Retirement Solutions has announced its intention to launch a new Defined Benefit pension superfund designed to support run-on. Both The Pensions Regulator (TPR) and the Department for Work and Pensions (DWP) have expressed their support for superfunds, which offer schemes an alternative endgame solution.
MetLife’s 2025 Pension Risk Transfer Poll reveals 94% of plan sponsors with de-risking goals plan to fully divest pension liabilities – most within five years.
The most recent mortality monitor from the Continuous Mortality Investigation shows that overall mortality in England and Wales in the third quarter of 2025 was lower than in any other quarter. The previous record low was for the third quarter of 2020, in the aftermath of the first wave of the Covid-19 pandemic.
The Trustees of the Ferno (UK) Limited Retirement and Death Benefits Scheme have agreed a c. £4m full scheme buy-in with Legal & General. The transaction was agreed in October 2025 and covers approximately 100 scheme members.
Canada Life has appointed Dominic Carpenter as Bulk Purchase Annuities Commercial & Strategy Director, a new role at the firm. Carpenter will lead the commercial development of Canada Life’s bulk annuities business and drive initiatives across commercial strategy, reinsurance and pricing to support its BPA growth ambitions.
Despite its growth and maturity in the past 25 years, the life settlement asset class remains a complicated one that requires deep analysis so that investors can understand it fully.