XPS launches small scheme bulk annuity service

Fixed fee Xpedite service aims to improve buy-in process for smaller schemes

Martin Richmond
clock • 1 min read
Purves: "Xpedite will offer smaller smaller schemes an efficient and predictable route to buyout"
Image:

Purves: "Xpedite will offer smaller smaller schemes an efficient and predictable route to buyout"

XPS Pensions Group has today (26 September) announced the launch of Xpedite, a bulk annuity service aimed at smaller pension schemes.

Developed in collaboration with several UK insurance providers, Xpedite is targeted towards schemes with assets under management of £100m or less. The service will aim to provide these schemes w...

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 Defined Benefit

Third-party cyber risk key concern for DB trustees

Third-party cyber risk key concern for DB trustees

Less than half of schemes regularly use simulations to test incident response plans

Alex Levy
clock 08 October 2026 • 1 min read
Age threshold risks more costly and complex surplus payments, say lawyers

Age threshold risks more costly and complex surplus payments, say lawyers

Draft rules pose practical challenges for sharing DB surplus with members

Alex Levy
clock 07 October 2026 • 7 min read
Exclusive - Up to ten sponsor swap deals could transact over coming year

Exclusive - Up to ten sponsor swap deals could transact over coming year

Advisers say schemes unlikely to wait for DWP consultation before making a move

Alex Levy
clock 05 October 2026 • 5 min read
Trustpilot