M&G sees 65% year-on-year increase in BPA market

Firm wrote £1.5bn of BPAs in 2025, with £1bn written in Q4 alone

Holly Roach
clock • 1 min read
M&G sees 65% year-on-year increase in BPA market

M&G wrote £1.5bn of bulk purchase annuities (BPA) in 2025, around a 65% year-on-year increase.

The organisation confirmed it completed 11 BPA transactions last year, delivering new business volumes of £1.5bn – with £1bn written in Q4 alone. Some key deals it completed in 2025 include its ...

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

Fujifilm UK scheme captures £46m buy-in with Royal London

Fujifilm UK scheme captures £46m buy-in with Royal London

BPA transaction secures the benefits of 484 scheme members

Martin Richmond
clock 11 November 2026 • 2 min read
Clariant Pension Plan inks £110m 'BPA-plus' deal with M&G

Clariant Pension Plan inks £110m 'BPA-plus' deal with M&G

Transaction secures benefits of 900 members

Alex Levy
clock 10 November 2026 • 1 min read
M&G expects BPA business to exceed £2.5bn in 2026

M&G expects BPA business to exceed £2.5bn in 2026

BPA business generated inflows of £1.2bn in Q3 taking year-to-date sales to £1.8bn

Jonathan Stapleton
clock 05 November 2026 • 2 min read
Trustpilot