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
Brittany Ferries scheme completes £35m buy-in with Just Group
Deal secures benefits of 175 pensioners and 269 deferred members
14 January 2026
•
2 min read
Siemens Healthineers UK scheme agrees £213m buy-in with PIC
Transaction secures the benefits of 703 pensioners and 967 deferred members and dependants
13 January 2026
•
1 min read
DB funding remains steady in December, Broadstone finds
Broadstone index finds both its modelled schemes made steady progress during 2025
08 January 2026
•
1 min read
