Bulk purchase annuity: Difference between revisions
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* [[Defined benefit pension scheme]] | * [[Defined benefit pension scheme]] | ||
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* [[National Association of Insurance Commissioners]] | * [[National Association of Insurance Commissioners]] | ||
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* [[Pensions and Lifetime Savings Association]] (PLSA) | * [[Pensions and Lifetime Savings Association]] (PLSA) | ||
* [[Pensions Management Institute]] | * [[Pensions Management Institute]] | ||
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* [[Trustee]] | * [[Trustee]] | ||
Latest revision as of 18:11, 4 September 2024
Treasury - pensions risk - defined benefit pension schemes - pensions.
(BPA).
Bulk purchase annuities, or bulk annuities, are pension de-risking strategies used by pension fund trustees to manage and transfer some or all of the risks associated with providing final salary retirement benefits.
Under a bulk purchase annuity, an insurer takes on liabilities to pay pensions, in exchange for a payment from the pension fund.
