Bulk annuity transactions exceeded £25bn in 2022

L&G forecasts market demand could reach £200bn over the next few years

Martin Richmond
clock • 1 min read
Bulk annuity transactions exceeded £25bn in 2022

Over £25bn of retirement benefits was insured via bulk annuity purchases in 2022, according to data from Legal & General (L&G) Group’s global pension risk transfer (PRT) monitor.

The research - compiled by the company's PRT businesses, including L&G Retirement Institutional, (LGRI) - revealed approximately £12bn of benefits was secured in the first half of the year, followe...

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