Browsing: Bulk Purchase Annuity Transactions

£66m buy-in, which completed in March and covers 590 members, is the mutual’s second BPA transaction with the pension scheme of a fellow mutual and the first with a building society.

The transaction, completed in March 2026, secures the benefits of 16 deferred and 24 pensioner members of the scheme and completes the buy-in of all scheme liabilities.

160m bulk purchase annuity buy-in was completed in March 2026 and secures the pension benefits for all 2,216 of the scheme’s members, comprising 1,108 members with pensions in payment and 1,108 deferred members.

£11m bulk purchase annuity buy-in with Just Group. The deal secures the benefits for 147 scheme members.

All 500 members of the Videndum DB scheme and £43m of assets will transfer to the Clara Pension Trust, which will see Clara inject additional ringfenced capital into the scheme.

Having entered into a full scheme pension buy-in with the trustees of the Noble Foods Limited Pension Scheme in April 2025, Utmost Life and Pensions has now issued 455 individual buy-out policies to scheme members and dependants less than a year after entering into the initial buy-in contract.

The transaction secures the benefits of 13 deferred and pensioner members with L&G and represents the second transaction completed under Isio’s PenUltimate Micro framework.

£100m bulk purchase annuity transaction with Aviva. The deal secures the benefits of all 225 deferred and 1,127 pensioner members.

£40 million full-scheme buy-in transaction with a financial services sector pension scheme, securing the future benefits for more than 80 pensioners and 60 deferred members.

£32m full scheme bulk purchase annuity buy-in secures the benefits of all 452 Scheme members.