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

Partner Insight: Unlocking the next generation of small transactions

Partner Insight: Unlocking the next generation of small transactions

Joe Hathaway, associate partner in risk settlement at Aon
clock 21 November 2025 • 4 min read
Less than 1% of DB surpluses returned to employers since 2006

Less than 1% of DB surpluses returned to employers since 2006

Punter Southall finds of £100bn of DB surpluses, only £800m has been returned to employers in almost two decades

Martin Richmond
clock 20 November 2025 • 2 min read
'Deals to be done' on DB surplus

'Deals to be done' on DB surplus

Survey finds ‘strong appetite’ for releasing surplus in correct conditions

Jasmine Urquhart
clock 19 November 2025 • 2 min read
Trustpilot