as at 09 Sept 2026
UK 10Y Gilt5.36%+11 bp
UK 20Y Gilt5.97%+6 bp
SONIA3.7296%
BoE Rate3.75%
GBP/EUR1.1653+0.12%
GBP/USD1.3508−0.09%
FTSE 10010,651.36+0.40%
BPA YTD~£18bn
Insurance Asset News
Log inFree six months
PRT & Longevity

PIC announces £2.8bn BT pension scheme tranche

By IAN Editorial Desk
20 September 2025·Updated 26 August 2026·1 min read

By IAN Editorial Desk PIC today announced a £2.8bn bulk annuity tranche for the BT pension scheme.

PIC today announced a £2.8bn bulk annuity tranche for the BT pension scheme. The transaction has not been independently corroborated in public sources.

BT Group’s recent annual reports and other public material do not detail the specific tranche.

Free for six months

Every article in full, and the complete archive · Daily news coverage of UK & European insurance investment · The Economic Dashboard — rates, yields, spreads, currencies and inflation

No payment, and no card. Membership is free for six months. After that we will introduce paid membership, and we will tell you what it costs before you are asked to pay.

Start your free six monthsLog in

Related Articles

PRT & Longevity
PRT & Longevity

PRA proposes about 10% capital charge on funded-reinsurance buy-ins from October

10 September 2026 · 2 min read
PRT & Longevity
PRT & Longevity

Standard Life assembles £2bn pension risk transfer partnership

7 September 2026 · 1 min read
PRT & Longevity
PRT & Longevity

Clara-Pensions agrees second Small Schemes Offering transaction with unnamed c£40m scheme

6 September 2026 · 1 min read

Latest News