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.
This third transaction covers 7,130 uninsured pensioners of the Scheme.
The deal insures the pensions of over 200 members, comprising 118 pensioners and their dependants and 85 deferred pensioners.
Institution of Mechanical Engineers Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC: The deal covers the pensions of all 200 scheme members.
£11m transaction secures the benefits of all 15 deferred members and 25 pensioner members and completes the buy-in of all scheme liabilities.
In total, the transactions insure the benefits of 1,127 pensioners and dependants as well as 1,365 deferred members,
The transaction, which was completed in June 2025, secures the benefits of over 3,500 members of the scheme
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.