BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

Aon risk settlement update shows growth particularly in sub-£100m segment

Holly Roach
clock • 1 min read
BPA market saw nearly 300 deals in 2024 with insurer competition a key driver

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

  • 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 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