Bulk annuities

A total of 29 deals range in size from between £3m and £250m as H2 saw higher demand

Biggest buy-in of 2021 so far is Standard Life’s largest deal as business ramps up

Full charity scheme buy-in will progress towards buyout

Benefits for around 1,000 members are expected to move to buyout by 2024

Deal covers all 350 members of the sportswear and lingerie brand’s scheme

Bulk annuity with unnamed insurer is expected to convert to buyout soon

Aon said the pattern of bulk annuity deals has been ‘unusual’ but expects a busy second half

Savings and retirement business continues to grow with new scheme wins

Deferred-heavy deal follows a similar transaction in 2018

But only half are currently reporting on climate risks using TCFD model