Bulk annuity volumes – 'the stage is set' to reach 2023 records

Total volumes for the year should comfortably exceed £40bn

clock • 6 min read
Rosie Fantom and Andy Smith: A number of large deals entered the market in May and June, ready to provide a healthy boost to second half volumes.
Image:

Rosie Fantom and Andy Smith: A number of large deals entered the market in May and June, ready to provide a healthy boost to second half volumes.

As we enter the second half of 2024, and in advance of insurers publishing their half year data, Barnett Waddingham’s Rosie Fantom and Andy Smith outline how the stage is set for volumes to get close to the record £49.1bn seen in 2023.

Premiums Outside of Rothesay's £6bn purchase of Scottish Widows' back book (subject to regulatory approval), it has been a slow start to the year for large transactions. As we moved into 2024...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Hymans Robertson launches small scheme risk transfer and investment service

Hymans Robertson launches small scheme risk transfer and investment service

Consultancy’s TRUST service designed to help schemes with assets of £150m or less complete BPA transactions

Martin Richmond
clock 13 June 2025 • 2 min read
MGN Pension Scheme completes £150m buy-in with Just Group

MGN Pension Scheme completes £150m buy-in with Just Group

Bulk annuity transaction secures the benefits of approximately 1,300 members

Martin Richmond
clock 12 June 2025 • 2 min read
The value of capital-backed journey plans on the path to endgame

The value of capital-backed journey plans on the path to endgame

The value of capital-backed journey plans on the path to endgame

Ian Wright
clock 09 June 2025 • 4 min read
Trustpilot