The Total UK Pension Plan's £1.6bn buy-in was one of the largest in the market. Professional Pensions editor Helen Morrissey talks to Total's UK group pension manager Lester Farrant and Pension Insurance Corporation actuary Mitul Magudia about the reasoning behind the exercise as well as the lessons learned.
How the Total UK Pension plan executed its £1.6bn buy-in
16 February 2015
•
Share
More on Risk Reduction
Senior Pension Plan secures £180m buy-in with M&G
Transaction secures the benefits of over 3,000 scheme members
16 February 2026
•
2 min read
Avon Cosmetics secures £235m buy-in with M&G
Transaction secures the benefits of over 3,000 scheme members
11 February 2026
•
1 min read
Vistry secures £155m multi-scheme buy-in deal with PIC
Transaction covers three final salary schemes, securing the benefits of 1,671 members
10 February 2026
•
1 min read
