Risk Reduction

PIC survey finds 52% expect large transactions to have biggest impact on pricing levels

Royal London speaks to PP about its entrance into the bulk annuity market

The firm has completed four transactions in preparation for its formal market launch

Analysis follows LCP research with prediction that £40bn to £50bn of transactions could be completed

Consultancy says smaller schemes dominated market activity in H1, with £40bn of transactions predicted

Hymans says 134 buy-in transactions were completed in H1 covering £15.3bn in liabilities

Transaction secures the benefits of around 2,500 scheme members

Insurer says it now has a new business pipeline of up to £45bn

Full scheme buy-in secures the benefits of 64 pensioners and 155 deferred members

UK volumes for 2024 ‘likely to exceed’ the £40bn achieved last year as market scales up