Exclusive: M&G says BPA with-profits proposition to be 'core' market offering

Kerrigan Procter says insurer expects to transact £3bn-£4bn of BPA volumes by 2027

Martin Richmond
clock • 2 min read
M&G managing director of corporate risk solutions Kerrigan Procter
Image:

M&G managing director of corporate risk solutions Kerrigan Procter

M&G says its recently launched with-profits bulk purchase annuity (BPA) proposition will be its “core offering” in the market.

Speaking exclusively to Professional Pensions, M&G managing director of corporate risk solutions Kerrigan Procter said the insurer's with-profits proposition, which it is calling "BPA-plus" in the ...

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

ICAEW-sponsored scheme completes £58m buy-in with PIC

ICAEW-sponsored scheme completes £58m buy-in with PIC

BPA transaction secures the benefits of 375 members of the scheme

Martin Richmond
clock 19 August 2026 • 1 min read
Royal Horticultural Society scheme secures £22m buy-in with Royal London

Royal Horticultural Society scheme secures £22m buy-in with Royal London

Transaction secures the benefits of 230 pension scheme members

Holly Roach
clock 13 August 2026 • 2 min read
Utmost Life and Pensions appoints Aberdeen to manage CRE lending brief

Utmost Life and Pensions appoints Aberdeen to manage CRE lending brief

Deal will support insurer’s growing bulk annuity business

Jonathan Stapleton
clock 12 August 2026 • 2 min read
Trustpilot