Browsing: Pension Risk Transfer

£55m full scheme bulk purchase annuity buy-in covers the pensions of 667 members.

The scheme is sponsored by the British Board of Agrément Holdings Limited, a construction product performance assessment, testing and certification firm. The transaction secures the benefits of all of the 39 deferred members and 82 pensioner members in the scheme, covering all of the scheme’s liabilities.

Transaction enables accelerated growth, strengthens term life and pension risk transfer solutions.

The UK pension risk transfer market has leapt past an extraordinary milestone, with over £500bn of transactions completed since 2007, according to analysis by Hymans Robertson.

The Scheme is sponsored by Royal Star & Garter, a UK charity that provides care for veterans and their partners living with disability or dementia; the transaction was completed in November 2025 and secures the benefits of 251 members.

Primula Ltd Pension Scheme Completes Bulk Purchase Annuity Buy-In With PIC. The deal covers the 74 plan members.

During December, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process inched up 20 basis points, from 100.1% to 100.3%, of a plan’s accounting liabilities.

The Finnair Oyj Retirement Benefit Scheme has secured a £4m full scheme bulk purchase annuity buy-in with Aviva. The Scheme is sponsored by Finnair Oyj, the flag carrier and largest airline of Finland.

The past 12 months have seen significant developments that are likely to shape mortality models among defined benefit pension scheme managers and sponsors alike, and possibly even have an impact on the pricing of de-risking deals.

The UK’s pension risk transfer market posted another strong year in 2025 both in terms of activity and aggregate premium transacted. Greg Winterton caught up with Alan Greenlees, Professional Trustee and Head of Risk Transfer at ZEDRA, to get his insights on a range of sub-topics within the space as 2026 begins in this month’s Q&A.