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 transaction, which completed in mid-February 2026, secures the benefits of eight deferred members and marks the first transaction completed under Isio’s PenUltimate Micro framework.
£80m bulk purchase annuity buy-in secures the benefits of more than 350 deferred members and 1,450 pensioners.
£270m bulk purchase annuity buy-in secures the pension scheme benefits of over 3,200 members of the scheme.
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.
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.
The deal secures the pension benefits of over 3,000 members of the Senior plc Pension Plan.
£240m transaction, completed in December 2025, protects the pensions of all of the remaining 1,852 scheme members whose policies were yet to be insured, including 924 pensioners and their dependants as well as a further 928 deferred members.
The transaction completed in January 2026 and secures the benefits of all pensioner and deferred members of the legacy defined benefit scheme. The deal is to be followed by an accelerated move to full buyout by April 2026.