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
Stonegate Pub Company schemes complete £62m of full buy-ins with Utmost
Transactions fully secure the benefits for 650 members of the two schemes
11 November 2025
•
2 min read
Transport Friendly Society scheme completes £3.3m full buy-in with Just Group
BPA transaction secures the benefits of 15 pensions and 15 deferred members
10 November 2025
•
2 min read
LCP forecasts up to £550bn of buy-ins over the next decade
Report finds 45% of schemes estimated to be fully funded on buyout basis
06 November 2025
•
4 min read
