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...

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

Welsh National Opera scheme signs £11.1m buy-in deal with Utmost

Welsh National Opera scheme signs £11.1m buy-in deal with Utmost

Transaction secures the benefits of 158 scheme members

Holly Roach
clock 22 October 2026 • 2 min read
Interface scheme secures £85m buy-in with PIC

Interface scheme secures £85m buy-in with PIC

Transaction secures the benefits of 1,117 scheme members

Holly Roach
clock 21 October 2026 • 1 min read
Biffa Pension Scheme completes £275m buy-in with Standard Life

Biffa Pension Scheme completes £275m buy-in with Standard Life

Transaction secures the benefits of 3,070 scheme members

Holly Roach
clock 20 October 2026 • 1 min read
Trustpilot