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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Risk Reduction

CH Johnson Pension Plan completes £11m buy-in with Just Group

CH Johnson Pension Plan completes £11m buy-in with Just Group

Transaction secures the benefits of all 147 scheme members

Holly Roach
clock 24 April 2026 • 2 min read
Noble Foods pension scheme completes buyout with Utmost

Noble Foods pension scheme completes buyout with Utmost

Deal is the first external buyout Utmost has completed since entering the market in 2024

Holly Roach
clock 20 April 2026 • 1 min read
The birth of the buy-in: Reflections on 20 years of pension risk transfer

The birth of the buy-in: Reflections on 20 years of pension risk transfer

Clive Wellsteed reflects on how the buy-in came into being and why it has become the route of choice for many pension schemes

Clive Wellsteed
clock 15 April 2026 • 7 min read
Trustpilot