Aon predicts further rise in UK BPA market for 2025

Consultancy predicts total volume of BPA business in 2024 to be between £45bn and £50bn

Jasmine Urquhart
clock • 2 min read
Aon predicts further rise in UK BPA market for 2025

Aon says the UK bulk purchase annuity (BPA) market is set to “surge” in 2025.

The professional services firm said UK BPA business volumes are expected to be between £45bn and £50bn in 2024, with bond yield rises having led to an "increase in demand for de-risking insurance" ...

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 Defined Benefit

Majority of pension professionals expect to pay DB surplus to members

Majority of pension professionals expect to pay DB surplus to members

XPS poll finds over half expect surplus to be shared with members in the next three years

Alex Levy
clock 29 September 2026 • 1 min read
Member outcomes not the only factor to consider when setting endgame strategy

Member outcomes not the only factor to consider when setting endgame strategy

LCP research finds 60% say potential for sponsor refunds should factor into scheme strategy

Martin Richmond
clock 29 September 2026 • 2 min read
Partner Insight: What is driving DB scheme costs?

Partner Insight: What is driving DB scheme costs?

Cost pressures have long been part of the defined benefit (DB) landscape, but the findings from the TPT DB Trustee Pulse 2026 suggest their role may be evolving.

TPT Retirement Solutions
clock 18 September 2026 • 1 min read
Trustpilot