BPA market sees record activity levels in H1 2025

LCP finds total market volumes expected to exceed £40bn for third year running

Martin Richmond
clock • 4 min read
BPA market sees record activity levels in H1 2025

The bulk purchase annuity (BPA) market saw record levels of activity in the first half of the year, with total market volumes expected to again exceed £40bn, research by LCP shows.

The consultant's analysis of insurance company data revealed 155 buy-in/buyout transactions were completed by defined benefit (DB) pension schemes in the first six months of the year. It said 2025 ...

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