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...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Risk Reduction

Safe Computing Pension Fund completes £4.5m buy-in with Just Group

Safe Computing Pension Fund completes £4.5m buy-in with Just Group

Transaction secures the benefits of 16 deferred members and 24 pensioners

Martin Richmond
clock 11 May 2026 • 2 min read
The era of choice in DB endgames

The era of choice in DB endgames

Rosie Twist asks how trustees should consider the differences between their options

Rosie Twist
clock 08 May 2026 • 5 min read
M&G expects BPA volumes to continue year-on-year growth following with-profits launch

M&G expects BPA volumes to continue year-on-year growth following with-profits launch

Firm’s Q1 trading update says BPA growth will be weighted towards second half of year

Jonathan Stapleton
clock 07 May 2026 • 2 min read
Trustpilot