Within this bulletin, the Aon Risk Settlement group have:
- Summarised the key trends from 2025, including the record number of individual transactions in any year
- Considered how schemes can approach solutions for dealing with residual risks on buyout
- Reflected on the latest insurance market updates, including December's announcement of the sale of Utmost's bulk annuity business
- Provided our latest views on the current bulk annuity pricing available



