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

UK pension scheme of Japanese bank secures £24m buy-in with Just Group

UK pension scheme of Japanese bank secures £24m buy-in with Just Group

Full buy-in transaction secures the benefits of all 160 scheme members

Holly Roach
clock 22 January 2026 • 2 min read
M&G sees 65% year-on-year increase in BPA market

M&G sees 65% year-on-year increase in BPA market

Firm wrote £1.5bn of BPAs in 2025, with £1bn written in Q4 alone

Holly Roach
clock 21 January 2026 • 1 min read
Five schemes complete buy-ins worth £21.7m with Aviva

Five schemes complete buy-ins worth £21.7m with Aviva

Transactions secure the benefits of 117 pensioners and 60 deferred members

Martin Richmond
clock 20 January 2026 • 3 min read
Trustpilot