IGG completes £8.5bn in BPA transactions in 2023

Trustee firm says it has 17% market share in buy-in transaction volumes

Jasmine Urquhart
clock • 1 min read
IGG said it has completed £8.5bn of transactions last year, with many in Q4
Image:

IGG said it has completed £8.5bn of transactions last year, with many in Q4

Independent Governance Group (IGG) has announced it completed £8.5bn in bulk purchase annuity (BPA) transactions last year.

The trustee and governance firm, which launched last year following the merger of Ross Trustees and Independent Trustee Services, said it now has a 17% market share of buy-in transaction volumes. ...

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

Utmost Group announces sale of BPA business to JAB Insurance

Utmost Group announces sale of BPA business to JAB Insurance

Deal with Miami-based insurer comes as Utmost looks to focus on wealth solutions

Jonathan Stapleton
clock 22 December 2025 • 2 min read
Healthcare sector pension scheme secures £189m buy-in with Canada Life

Healthcare sector pension scheme secures £189m buy-in with Canada Life

Deal secures the benefits of 1,100 deferred members and over 600 members with pensions in payment

Holly Roach
clock 19 December 2025 • 2 min read
Skanska Pension Fund agrees £525m full buy-in with Standard Life

Skanska Pension Fund agrees £525m full buy-in with Standard Life

Transaction secures the benefits of 5,500 scheme members

Holly Roach
clock 18 December 2025 • 2 min read
Trustpilot