PIC complete buyin & more…Keep up with what has been happening this week in our latest IP news round-up…

PIC complete buyin for the NG Bailey Pension and Life Plan

Pension Insurance Corporation plc, a specialist insurer of defined benefit pension schemes, has concluded a £155 million buy-in with the Trustee of NG Bailey Pension and Life Assurance Plan.

LCP forecasts buy-in volumes could reach a record £55bn in 2026 with the possibility of further insurer acquisitions

In their annual look-ahead for the pension risk transfer (PRT) market, LCP predicts that buy-in volumes will be between £40 billion to £55 billion in 2026, with further merger and acquisition activity amongst the bulk annuity insurers possible over the next few years.

Big-ticket deals drive M&A as market braces for volatile start to 2026

Global mergers and acquisitions (M&A) registered increased activity for the second consecutive year with 726 deals completed in the last 12 months, according to research from WTW’s Quarterly Deal Performance Monitor (QDPM).

Seven in 10 pensioner homeowners entitled to benefits are failing to claim, missing out on an average of £1,339 extra income a year

The 16th annual State Benefits Insight Report from retirement specialist Just Group found that in 2025, seven in 10 (74%) pensioner homeowners eligible for cash help were failing to claim any of the benefits, missing out on an average of £1,339 a year extra income.

GAD at Botswana Actuarial Symposium

GAD spoke at the inaugural Botswana Actuarial Symposium in the country’s capital, Gaborone.