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.
The agreement, Clara’s fourth, marks another milestone for UK superfunds, as both the first transaction to make use of a ‘connected covenant’ structure and the first involving a not-for-profit employer.
The deal completed in April 2025 and secures the benefits of 66 pensioner and 8 deferred members at PPF+ levels.
Transaction covers the benefits of approximately 1,300 in-payment members.
£22m deal is Royal London’s tenth since entering the UK pension risk transfer market.
£270m deal is the third buy-in that Aviva has transacted with schemes sponsored by WM Morrison Supermarkets Limited.
BMO Insurance will issue annuities covering the responsibility for pension benefits of approximately 860 pensioners and beneficiaries.
£63m deal covers the pensions of all 570 members.
£280m deal secures the benefits of approximately 2,800 members.
The transaction was finalised in March 2025 and is the ninth buy-in for Royal London’s BPA business.
The £7.5m transaction secures the benefits of all 121 members, comprising 26 deferred members and 95 pensioner members, and covers all scheme liabilities.