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 buy-ins were completed as part of a combined transaction, securing the benefits of over 5,100 retirees and 2,500 deferred members.
Transaction covers two schemes and three sections sponsored by the Church of Scotland.
The buy-out transaction was completed in January 2025, with the buy-in having taken place in July 2024.
The transaction covers over 850 deferred members and approximately 650 pensioners.
The transaction secures the benefits of all eight deferred members and eight pensioner members, completing the buy-in of all scheme liabilities.
The deal insures the benefits of 181 Scheme members, comprising 70 deferred members and 111 pensioners.
£1.4bn buy-in secures the benefits of 4,900 retirees and 5,600 deferred members.
The transaction secures the benefits of all 154 members, comprising 37 pensioners and 117 deferred members.
The £120m agreement insures Lufthansa Group’s three UK defined benefit pension schemes in one integrated transaction.
£53m deal is Royal London’s latest since entering BPA market last year.