Bulk annuity market volumes forecast to reach up to £60bn in 2025

PIC survey finds 52% expect large transactions to have biggest impact on pricing levels

Martin Richmond
clock • 2 min read
Bulk annuity market volumes forecast to reach up to £60bn in 2025

Bulk annuity market volumes are expected to reach between £50bn and £60bn in 2025, research from Pension Insurance Corporation (PIC) shows.

The specialist defined benefit (DB) insurer's survey of 140 trustees, consultants and lawyers currently working in the bulk annuity market – conducted at the firm's annual market update last month ...

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 Defined Benefit

Covenant holds 'enduring relevance' under DB Funding Code, SPP says

Covenant holds 'enduring relevance' under DB Funding Code, SPP says

Organisation highlights ‘ongoing value’ of proportionate and regular covenant monitoring

Holly Roach
clock 24 February 2026 • 1 min read
A landmark year: TPT's David Lane on building a full spectrum consolidator

A landmark year: TPT's David Lane on building a full spectrum consolidator

TPT talks about driving better governance, optimising value and improving outcomes

Jonathan Stapleton
clock 24 February 2026 • 8 min read
Trustees must 'act proactively' to integrate ESG considerations into DB strategies

Trustees must 'act proactively' to integrate ESG considerations into DB strategies

Isio says trustees face ‘increasing optionality’ between insurance, consolidation and run-on

Holly Roach
clock 23 February 2026 • 2 min read
Trustpilot