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
Rolls-Royce secures full buyout with PIC nine months after £4.3bn buy-in
Transaction covers 36,000 members and follows a full buy-in last August
15 July 2026
•
2 min read
Combat Stress scheme completes £4m buy-in with Just Group
Transaction secures the benefits of 22 deferred members and 17 pensioners
15 July 2026
•
2 min read
UK PRT volumes for 2026 expected to be between £35bn and £40bn
Standard Life says H2 volumes could be driven by larger schemes approaching the market
14 July 2026
•
3 min read
