Top 10 bulk annuity deals of all time

The biggest buyouts and buy-ins so far

clock

The £1.5bn EMI buyout announced today is the biggest bulk annuity transaction ever completed in the UK. Here is the rest of the top 10.

 Thanks to Towers Watson for creating the below list. Date  Scheme Provider Approx. Size  July 2013  EMI  Pension Insurance Corporation £1.5bn  Oct 2011  T&N  Legal & General £1.1bn  D...

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

Two DFDS schemes complete combined £70m full scheme buy-in with Just Group

Two DFDS schemes complete combined £70m full scheme buy-in with Just Group

Deal secures the benefits of approximately 980 members across the two schemes

Jonathan Stapleton
clock 06 November 2025 • 2 min read
Cosworth Racing scheme secures £96m buy-in with L&G

Cosworth Racing scheme secures £96m buy-in with L&G

Deal with Ford-sponsored scheme secures the benefits of 1,000 retirees

Holly Roach
clock 05 November 2025 • 2 min read
M&G 'on track' to launch with-profits bulk annuity in first quarter of 2026

M&G 'on track' to launch with-profits bulk annuity in first quarter of 2026

Firm reports £300m of BPA volumes over the quarter, compared to £200m in H1

Jonathan Stapleton
clock 05 November 2025 • 2 min read
Trustpilot