Risk Reduction

The buy-in deal was converted to a buyout within two months of the initial transaction

BPA transaction secures the benefits of more than 1,600 members

Full buy-in transaction secures the benefits of all 160 scheme members

Firm wrote £1.5bn of BPAs in 2025, with £1bn written in Q4 alone

Transactions secure the benefits of 117 pensioners and 60 deferred members

L&G takes on responsibility for payment and administration of benefits, with PMI scheme to wind up

Bulk purchase annuity transaction secures benefits of 455 scheme members

Deal secures benefits of 175 pensioners and 269 deferred members

Transaction secures the benefits of 703 pensioners and 967 deferred members and dependants

Broadstone index finds both its modelled schemes made steady progress during 2025