M&G books £1.7 billion of with-profits bulk annuities in eight months
By IAN Editorial Desk
News date: 6 September 2026·2 min read
Primary source: group.mandg.com
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;...
M&G has completed £1.7 billion of bulk annuity deals so far this year through BPA Plus, the with-profits proposition launched in February, already exceeding its total annuity volumes for 2025, chief executive Andrea Rossi said at half-year results on 3 September. The figure is a running total to end-August: £0.6 billion of inflows came in H1, with a further £1.1…
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