L&G reports £6.2bn in UK bulk annuity deals for 2021

More high volumes expected in the UK and US markets for this year

Hope William-Smith
clock • 1 min read
L&G reports £6.2bn in UK bulk annuity deals for 2021

Legal & General’s (L&G) UK pension risk transfer business secured 45 insurance transactions worth a total £6.2bn across the course of 2021.

The group today (10 March) confirmed the figure is part of the total £7.2bn in bulk annuity premiums for last year when combined with its US operations through L&G Retirement America. L&G's majo...

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

BBC Pension Scheme completes £6bn longevity swap

BBC Pension Scheme completes £6bn longevity swap

Transaction with Zurich and MetLife is second step in scheme’s phased longevity hedging programme

Holly Roach
clock 20 November 2025 • 2 min read
Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Millennium Inorganic Chemicals scheme agrees £30m buy-in with Just Group

Transaction means benefits of all scheme members are now insured

Holly Roach
clock 18 November 2025 • 2 min read
Brockhampton Pension Scheme secures £40m buy-in with Just Group

Brockhampton Pension Scheme secures £40m buy-in with Just Group

Transaction secures the benefits of all remaining uninsured scheme members

Holly Roach
clock 18 November 2025 • 2 min read
Trustpilot