Browsing: Bulk Purchase Annuity Transactions
Longevity and Mortality Investor’s coverage of bulk purchase annuity transactions. We are a leading source globally for bulk purchase annuity analysis, commentary and insights.
£70m buy-in transaction will secure the benefits of all uninsured scheme members, covering approximately 490 deferred members and 400 pensioner members.
£7m deal was completed in March and insures the benefits of 24 pensioners and 15 deferred members.
The transaction was completed in September 2024 and secures the benefits for approximately 15,000 members of the scheme.
£30m full scheme bulk purchase annuity deal secures the benefits of 202 pensioners and 108 deferred members.
Deals are designed to reduce Syensqo’s gross pension obligations and associated volatility risk, while enhancing the long term security of pension benefits for its retirees.
The deal is worth £200m and secures the benefits of c2,500 MPF members.
Canadian softwood lumber GreenFirst Forest purchases group annuity contract that transfers C$26.5m of defined benefit pension obligations to a Canadian insurer.
Prudential, IBM enter into $6bn group annuity contract, insuring retirement benefits for 32,000 retirees.
Charities Aid Foundation Pension Scheme insures pensioner liabilities via a bulk purchase annuity transaction with Just Group.
Seattle-based Sound Retirement Trust and Prudential have completed a $221m group annuity transaction, insuring the retirement benefits of 8,700 retirees.