The bulk purchase annuity (BPA) market saw 293 transactions in 2024, largely driven by streamlined offerings and increased insurer competition, Aon says.
The consultancy's 2024 UK Risk Settlement Market Update shows there was particular growth in the sub-£100m segment, with 78% of all transactions during the year under £100m. It also showed sever...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
