BPA

BPA transaction secures the benefits of more than 3,600 pensioners and deferred members

Insurer’s full-year results show its assets under management were over £39bn

Comes as the firm’s Clarity solution for smaller pension schemes hits 100 deals

Transaction secures the benefits of 125 pensioners and dependants and 45 deferred members

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

SM&RT Insure has completed more than £1bn of transactions in total

Consultancy says PRT market will remain ‘highly active’ over the next 12 months

Deal with Miami-based insurer comes as Utmost looks to focus on wealth solutions

Transaction was completed using Aviva’s Clarity solution and secures the benefits of 51 members

Deal is the first in the UK between a mutual BPA provider and the scheme of another mutual insurance company