Scottish Widows transacts £1bn of bulk annuities in H1

Victoria Tichá
clock • 2 min read

Four bulk annuity transactions worth over £1bn were transacted by Scottish Widows in the first half of the year, according to its half yearly report.

In its report, published on 01 August, Scottish Widows - part of Lloyds Banking Group - said it completed four deals generating £1.1bn of new business premiums in the first half. The report show...

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