Insurers set for record 'mega' bulk annuities in 2022

This year’s deals could surpass the £4.7bn high set in a 2019 buyout by Rothesay

James Phillips
clock • 2 min read
LCP partner Charlie Finch
Image:

LCP partner Charlie Finch

This year could see a raft of “mega” transactions breaching previous bulk annuity records, according to Lane Clark & Peacock (LCP) as insurers ramp up capacity and appetite.

The consultancy said insurers had started the year with a greater ability to write individual total volumes of more than £10bn across the year. Alongside a number of large schemes approaching th...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

2025 saw buy-in volumes fall but total numbers 'surge'

2025 saw buy-in volumes fall but total numbers 'surge'

Hymans said overall volumes dropped by more than 20% but numbers set a new record

Holly Roach
clock 10 April 2026 • 2 min read
Iveco Limited Pension Scheme secures £100m buy-in with Aviva

Iveco Limited Pension Scheme secures £100m buy-in with Aviva

Transaction secures the benefits of all 225 deferred and 1,127 pensioner members

Holly Roach
clock 08 April 2026 • 2 min read
Financial services sector pension scheme secures £40m buy-in with Canada Life

Financial services sector pension scheme secures £40m buy-in with Canada Life

Transaction secures the benefits of around 80 pensioners and 60 deferred members

Holly Roach
clock 02 April 2026 • 1 min read
Trustpilot