L&G transacts £507m bulk annuities in quieter H1 but expects 'exceptionally busy' H2

Victoria Tichá
clock • 2 min read

Legal & General (L&G) has announced bulk annuity sales in the first half were £1bn lower than last year, but it expects another £7bn of deals in the second half.

In its half yearly report published 09 August, L&G said it completed 14 UK pension scheme buy-ins and buyouts totalling £0.5bn in H1, compared to £1.5bn in the first half of 2017. The insurer is...

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

Bibby Line Group secures £55m buy-in with PIC

Bibby Line Group secures £55m buy-in with PIC

Transaction secures the benefits of 667 scheme members

Holly Roach
clock 04 February 2026 • 2 min read
How should schemes be approaching bulk annuity processes in 2026

How should schemes be approaching bulk annuity processes in 2026

Looking at emerging trends in the pension risk transfer market

Jonathan Stapleton
clock 04 February 2026 • 26 min read
British Board of Agrément scheme completes £20m full buyout with Aviva

British Board of Agrément scheme completes £20m full buyout with Aviva

Transaction fully secures the benefits of 39 deferred members and 82 pensioners

Martin Richmond
clock 03 February 2026 • 2 min read
Trustpilot