How BAT's buy-in has paved the way for future deals

Kim Kaveh
clock • 5 min read

Following British American Tobacco's £3.4bn buy-in this month, Kim Kaveh speaks to some of the key players about the process.

Pension Insurance Corporation (PIC) has had a busy first half of the year, racking up nearly £6bn of bulk annuities with defined benefit (DB) schemes, giving it a market share of just over 23% of t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Fujifilm UK scheme captures £46m buy-in with Royal London

Fujifilm UK scheme captures £46m buy-in with Royal London

BPA transaction secures the benefits of 484 scheme members

Martin Richmond
clock 11 November 2026 • 2 min read
Clariant Pension Plan inks £110m 'BPA-plus' deal with M&G

Clariant Pension Plan inks £110m 'BPA-plus' deal with M&G

Transaction secures benefits of 900 members

Alex Levy
clock 10 November 2026 • 1 min read
Delcam pension scheme secures £28m buy-in with Royal London

Delcam pension scheme secures £28m buy-in with Royal London

Transaction secures the benefits of 171 scheme members

Holly Roach
clock 04 November 2026 • 1 min read
Trustpilot