Just completes £1.5bn of bulk annuities and sets sights on bigger deals
Just Group completed 23 buy-in and buyout transactions at a total volume of £1.5bn over the course of 2020, according to its annual results.
Increasing its total figure by 22% on the £1.2bn volumes recorded in 2019, the insurer said transactions had been "lumpy in nature and subject to timing differences" with some being delayed due to Covid-19....
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General Motors has agreed a £53m bulk purchase annuity transaction with Aviva for the Vauxhall Associated Companies Pension Fund (VACPF).
Rothesay agrees £6m buyout with aviation scheme
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PIC confirms £5.6bn of annuities in record risk transfer year
Pension Insurance Corporation (PIC) concluded £5.6bn on bulk annuities in 2020 after recording just over £2.1bn in the second half of the year.
