UK: Outlook for the bulk purchase annuity market in 2025

Even though the bulk purchase annuity (BPA) market has demonstrated remarkable resilience during shifting economic conditions, the continued focus on regulatory developments and evolving longevity expectations will require insurers to stay agile in 2025.

To help trustees set expectations ahead of the next twelve months, Barnett Waddingham Partners Craig Turnbull and Rosie Fantom lay out their 2025 outlook for the BPA market.

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