M&G re-enters market with two buy-in deals totalling £617m

Insurer re-enters market to secure the benefits for the members of two schemes

Martin Richmond
clock • 2 min read
M&G re-enters market with two buy-in deals totalling £617m

M&G has announced its re-entry to the bulk annuity market with the completion of two buy-in transactions totalling £617m.

The first bulk annuity transaction was for the M&G Group Pension Scheme (M&GGPS), which secured the benefits of 1,414 pension and deferred members. The insuring entity is the Prudential Assurance C...

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