Rothesay Life secures record year with £3.7bn bulk annuity deals in H2

Holly Roach
clock • 2 min read

Rothesay Life has completed £3.7bn of bulk annuity transactions so far in the second half of this year, according to its latest trading update.

This is a drastic increase to its transactions completed in the first half of the year, when deals sat at around £700m. This year's transactions are split roughly between 90% buy-ins and 10% buy...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Buy-in and buyout volumes reached nearly £28bn in second half of 2023

Buy-in and buyout volumes reached nearly £28bn in second half of 2023

Hymans says market will need to ‘continually recalibrate’ its thresholds for transaction sizes

Martin Richmond
clock 23 April 2024 • 2 min read
SPP backs PPF's section 143 proposals, but warns of risks

SPP backs PPF's section 143 proposals, but warns of risks

New valuation rules would give flexibility for schemes, but care needed to protect members

Jasmine Urquhart
clock 22 April 2024 • 1 min read
Epson scheme secures £50m buy-in deal with PIC

Epson scheme secures £50m buy-in deal with PIC

Deal secures the benefits of all 368 pensioners and 493 deferred members

Holly Roach
clock 16 April 2024 • 2 min read
Trustpilot