Achmea plans buy-out of GE pension fund’s Dutch section covering about 1,200 members
Achmea says members would receive annual inflation-linked indexation and a one-off increase whose level is fixed after the transfer.
24 September 2026·2 min read
Bulk annuities
65 articlesBulk annuities transfer defined-benefit pension liabilities to an insurer through a buy-in or buyout. The transaction changes the pension scheme’s counterparty and funding position, while the insurer takes responsibility for meeting the insured benefit cash flows. Pricing therefore connects longevity assumptions, interest rates, credit spreads, capital and the assets selected to back the liability.
This section follows UK and European bulk annuity transactions, insurer capacity, longevity reinsurance and the investment consequences of pension risk transfer. It covers the firms writing business, the advisers and trustees arranging it, and the portfolio choices made once a transaction completes. Readers can also follow the matching adjustment and ALM sections for the regulatory and capital questions behind an annuity writer’s balance sheet. Company profiles and directories help readers identify the insurers, managers and specialist providers active in the market. Coverage tracks announced deals as well as the capacity and market conditions that shape future transactions.
LCP model puts typical-scheme buy-in pricing 3% better against gilts this year
LCP recorded only one UK pension buy-in above £1bn in the first half.
23 September 2026·2 min read
Irish Life completes €165m Greencore pension buy-out covering deferred members
Irish Life says its deferred annuity made the deal possible by closely mirroring deferred members' promised benefits.
21 September 2026·2 min read
PRA proposes about 10% capital charge on funded-reinsurance buy-ins written after September
Aon expects the first half to have cleared £10bn, while XPS put the same half below that level in July.
10 September 2026·2 min read
Standard Life assembles £2bn pension risk transfer partnership
The capital is expected to be drawn over five years.
7 September 2026·1 min read
Clara-Pensions agrees second Small Schemes Offering transaction with unnamed c£40m scheme
The consolidator will take more than 400 members and approximately £40m of assets from an unnamed scheme into its pooled section for smaller schemes,...
6 September 2026·1 min read
M&G books £1.7 billion of with-profits bulk annuities in eight months
BPA Plus, launched in February, leaves roughly 80% of the economics with the With-Profits Fund and has already beaten 2025’s full-year annuity volumes;...
6 September 2026·2 min read
Athora Netherlands takes on €3.1bn Delta Lloyd Pensioenfonds liabilities
The transfer had already received approval from DNB.
4 September 2026·1 min read
Canada Life completes £400m Samworth Brothers pension scheme buy-in
The transaction secures benefits for more than 3,000 pensioners and 4,000 deferred members.
2 September 2026·1 min read
Milliman buyout index puts competitive retiree cost at 99.7% for July
Competitive retiree buyout cost rose 10 bps to 99.7% of accounting liability in the July reading, published 31 August 2026, while average pricing climbed to...
2 September 2026·2 min read